{"id":43417,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/fy2011-long-term-incentive-plan-symantec.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"fy2011-long-term-incentive-plan-symantec","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/planning\/fy2011-long-term-incentive-plan-symantec.html","title":{"rendered":"FY2011 Long Term Incentive Plan &#8211; Symantec"},"content":{"rendered":"<p><strong>FY2011 Long Term Incentive Plan <br \/>\n(LTIP)<\/strong><\/p>\n<p>This Long Term Incentive Plan (&#8220;LTIP&#8221;) of Symantec Corporation (&#8220;Symantec&#8221; or<br \/>\nthe &#8220;Company&#8221;) is effective as of April 3, 2010. The Board of Directors reserves<br \/>\nthe right to alter or cancel all or any portion of the LTIP for any reason at<br \/>\nany time.<\/p>\n<p align=\"center\">\n<hr>\n<p><strong>FY2011 Long Term Incentive Plan<\/strong><\/p>\n<table style=\"font-size: 10pt;\" width=\"100%\" cellpadding=\"0\" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"18%\"><\/td>\n<td width=\"1%\"><\/td>\n<td width=\"80%\"><\/td>\n<\/tr>\n<tr>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Purpose:<\/p>\n<\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>Provide critical focus on specific, measurable corporate goals and provide<br \/>\nperformance-based compensation based upon the level of attainment of such goals<br \/>\nand ensure retention of key executives of the Company.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Amount:<\/p>\n<\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>LTIP target cash payments (&#8220;LTIP Payments&#8221;) will be determined and approved<br \/>\nby the Compensation Committee of the Company153s Board of Directors (the<br \/>\n&#8220;Committee&#8221;), with input from the CEO and Chairman of the Board. LTIP Payments<br \/>\nwill be determined and paid based on the actual achievement of the performance<br \/>\nmetric set forth below against the target performance metric under the LTIP for<br \/>\nthe Company153s fiscal year ending April 2, 2011 in which Target LTIP Awards are<br \/>\ngranted under this LTIP (the &#8220;(Performance Period&#8221;). All LTIP Payments will be<br \/>\nsubject to the Company153s collection of applicable payroll taxes and<br \/>\nwithholdings, and the Participant will only receive the net amount remaining<br \/>\nafter such taxes and withholdings have been collected.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Eligibility:<\/p>\n<\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>Participants shall be at levels of senior vice president or above, and shall<br \/>\nbe recommended for eligibility by the CEO and the Chairman of the Board and<br \/>\napproved by the Committee prior to the end of the Performance Period<br \/>\n(individually, a &#8220;Participant&#8221; and, collectively, the &#8220;Participants&#8221;).<br \/>\nParticipants must be in an eligible position for at least 60 days before the end<br \/>\nof the Performance Period. Employees hired or promoted into an eligible position<br \/>\nwith less than 60 days remaining in the Performance Period will not be eligible<br \/>\nfor an LTIP Payment. The calculation of the LTIP Payment for a Participant that<br \/>\nbecomes eligible during the Performance Period will be pro-rated based on the<br \/>\nnumber of days the Participant is in an eligible position during the Performance<br \/>\nPeriod.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Service Requirement:<\/p>\n<\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>The long-term incentive will be measured at the end of the Performance Period<br \/>\nHowever, no Participant shall earn or accrue any right to the long-term<br \/>\nincentive based on the level of performance metric attained for the Performance<br \/>\nPeriod unless that individual remains in the continuous active employ of the<br \/>\nCompany (or any majority or greater owned subsidiary) through the last day of<br \/>\nthe second (2<sup>nd<\/sup>) fiscal year following the end of the Performance<br \/>\nPeriod (the Requisite Service Period&#8221;). Upon the completion of the Requisite<br \/>\nService Period, the incentive bonus earned on the basis of both the attained<br \/>\nperformance metric and the completed service period will be paid (the &#8220;Payment<br \/>\nDate&#8221;). However, any payment due under this LTIP is at the sole discretion of<br \/>\nthe Committee. A Participant (or any majority or greater owned subsidiary)<br \/>\nterminates for any reason before his or her completion of the Requisite Service<br \/>\nPeriod will not be eligible to receive the LTIP Payment or any prorated portion<br \/>\nthereof, except to the limited extent set forth below.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Performance Metric:<\/p>\n<\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>The Company153s Operating Cash Flow achievement for the Performance Period<br \/>\nagainst target Operating Cash Flow for the Performance Period will be used to<br \/>\ndetermine the eligibility for an LTIP Payment. &#8220;Operating Cash Flow&#8221; is<br \/>\ndetermined based on the Company153s budgeted cash flow and is equal to the<br \/>\noperating cash flow that is communicated to public investors via filings with<br \/>\nthe Securities and Exchange Commission, but Operating Cash Flow metric for the<br \/>\nPerformance Period shall in all events be established within the first ninety<br \/>\n(90) days of the Performance Period.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Achievement Schedule:<\/p>\n<\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>A 100% LTIP Payment will be paid to the Participant who completes the<br \/>\nRequisite Service Period if 100% of budgeted Operating Cash Flow is attained<br \/>\nwith respect to the Performance Period (the &#8220;Target LTIP Award&#8221;). The Target<br \/>\nLTIP Awards shall be set forth on a schedule approved by the Committee within 90<br \/>\ndays of the beginning of the Performance Period. A Participant who completes the<br \/>\nRequisite Service Period is eligible for 25% of the Target LTIP Award if at<br \/>\nleast 85% of budgeted Operating Cash Flow is attained with respect to the<br \/>\nPerformance Period and for 200% of the Target LTIP Award if at least 120% of<br \/>\nbudgeted Operating Cash Flow is attained with respect to the<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<hr>\n<table style=\"font-size: 10pt;\" width=\"100%\" cellpadding=\"0\" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"18%\"><\/td>\n<td width=\"1%\"><\/td>\n<td width=\"80%\"><\/td>\n<\/tr>\n<tr>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>Performance Period. Achievement of budgeted Operating Cash Flow between 85%<br \/>\nand 200% will be prorated. Achievement of budgeted Operating Cash Flow shall be<br \/>\ncertified by the Committee (&#8220;Certification&#8221;) following the end of the<br \/>\nPerformance Period and prior to the Payment Date or any alternative date of<br \/>\npayment.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Death Disability <br \/>\nInvoluntary <br \/>\nTermination:<\/p>\n<\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>If a Participant153s employment with the Company (or any majority or greater<br \/>\nowned subsidiary) terminates by reason of death, total and permanent disability<br \/>\nor an involuntary termination other than for cause (as defined below) after the<br \/>\nlast day of the Performance Period but prior to the completion of the Requisite<br \/>\nService Period, then that Participant shall be entitled to payment of a prorated<br \/>\nportion of the LTIP Payment that would have otherwise been payable to the<br \/>\nParticipant based on the actual level at which the Operating Cash Flow<br \/>\nperformance metric is attained, had he or she completed the Requisite Service<br \/>\nPeriod (the &#8220;Base Amount&#8221;). The prorated portion shall be calculated by<br \/>\nmultiplying the Base Amount by a fraction, the numerator of which is the number<br \/>\nof calendar months rounded up to the next whole month) the Participant was in<br \/>\nthe employ of the Company (or any majority or greater owned subsidiary) during<br \/>\nthe period commencing with the start of the Performance Period and ending with<br \/>\nhis or her termination date, and the denominator of which is thirty-six (36)<br \/>\nmonths. Such prorated amount shall be paid to the Participant on his or her<br \/>\ntermination date or as soon as administratively practicable thereafter, but in<br \/>\nno event later than the fifteenth (15th) day of the third (3rd) calendar month<br \/>\nfollowing such termination date. In no event, however, will any prorated LTIP<br \/>\nPayment be made to the Participant if the applicable Operating Cash Flow<br \/>\nperformance metric is not attained at a level at or above the 85% threshold<br \/>\nlevel or if the Participant voluntarily leaves the employ of the Company (or any<br \/>\nmajority or greater owned subsidiary) prior to the completion of the Requisite<br \/>\nService Period.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>For purposes of the foregoing, an individual will be deemed to have been<br \/>\ninvoluntarily terminated for cause, and thus ineligible for any prorated LTIP<br \/>\nPayment if such individual is discharged or dismissed from employment for one or<br \/>\nmore of the following reasons or actions:<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>(i) gross negligence or willful misconduct in the performance of duties to<br \/>\nthe Company (other than as a result of a disability) that has resulted or is<br \/>\nlikely to result in substantial and material damage to the Company, after a<br \/>\ndemand for substantial performance is delivered by the Company which<br \/>\nspecifically identifies the manner in which it believes the individual has not<br \/>\nsubstantially performed his\/her duties and provides the individual with a<br \/>\nreasonable opportunity to cure any alleged gross negligence or willful<br \/>\nmisconduct; (ii) commission of any act of fraud with respect to the Company or<br \/>\nits affiliates; or (iii) conviction of a felony or a crime involving moral<br \/>\nturpitude causing material harm to the business and affairs of the Company.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Leave of Absence:<\/p>\n<\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>In the event a Participant takes a leave of absence from the Company after<br \/>\nthe end of the Performance Period but prior to the completion of the Requisite<br \/>\nService Period, the type of leave and time away from the Company may be taken<br \/>\ninto consideration as the basis for a prorated LTIP Payment determined in the<br \/>\nsole discretion of the Committee, with any such prorated LTIP Payment to be<br \/>\nbased on such Participant153s period of active employment during the period<br \/>\ncommencing with the start of the Performance Period and ending with the last day<br \/>\nof the Requisite Service Period, but excluding the period of such leave of<br \/>\nabsence. Any such prorated amount shall be paid to the Participant on the<br \/>\nPayment Date or such earlier date as may be necessary to avoid a deferred<br \/>\ncompensation arrangement under Section 409A of the Internal Revenue Code. In no<br \/>\nevent, however, will any such prorated LTIP payment be made to the Participant<br \/>\nif the applicable Operating Cash Flow performance metric is not attained at a<br \/>\nlevel at or above the 85% threshold level.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<hr>\n<table style=\"font-size: 10pt;\" width=\"100%\" cellpadding=\"0\" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"18%\"><\/td>\n<td width=\"1%\"><\/td>\n<td width=\"80%\"><\/td>\n<\/tr>\n<tr>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Exchange Rates:<\/p>\n<\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>Neither LTIP Payments nor Operating Cash Flow will be adjusted for any<br \/>\nfluctuating currency exchange rates.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Adjustments:<\/p>\n<\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>In the event of an accretive event, such as a stock buyback, or other events<br \/>\nthat might have an effect on the Operating Cash Flow, such as an acquisition or<br \/>\npurchase of products or technology, the Committee may at its discretion adjust<br \/>\nthe Operating Cash Flow to reflect the potential impact upon the Company153s<br \/>\nfinancial performance consistent with generally accepted accounting principals<br \/>\nand Accounting Principles Board Opinion No. 30.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Change of Control:<\/p>\n<\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>In the event of a Change of Control of the Company (as defined in the<br \/>\nCompany153s Executive Retention Plan) (i) all unpaid LTIP Payments for the<br \/>\nPerformance Period (where the Performance Period has been completed and<br \/>\nCertification has occurred prior to the Change of Control) and (ii) all Target<br \/>\nLTIP Awards for the Performance Period (where the Performance Period has not<br \/>\nbeen completed and Certification has not occurred prior to the Change of<br \/>\nControl) whether or not 100% budgeted Operating Cash Flow has been attained for<br \/>\nsuch Performance Period, shall be paid in full on the Change of Control.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>LTIP Provisions:<\/p>\n<\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>This LTIP is adopted under the Symantec Senior Executive Incentive Plan as<br \/>\namended and restated as of September 22, 2008 and approved by Symantec153s<br \/>\nstockholders on September 22, 2008.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>Participation in the LTIP does not guarantee participation in other or future<br \/>\nincentive plans. LTIP structures and participation will be determined on a<br \/>\nyear-to-year basis.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>The Company153s Board of Directors reserves the right to alter or cancel all or<br \/>\nany portion of the LTIP for any reason at any time. The LTIP shall be<br \/>\nadministered by the Committee and the Committee shall have all powers and<br \/>\ndiscretion necessary or appropriate to administer and interpret the LTIP.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>The Company153s Board of Directors reserves the right to modify or amend this<br \/>\nLTIP or a Target LTIP Award under this LTIP with regard to Company performance<br \/>\nin light of events outside the control of management and\/or Participant.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Section 409A:<\/p>\n<\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>The payment provisions are designed to qualify for the short-term deferral<br \/>\nexception to Section 409A of the Internal Revenue Code. Accordingly, for<br \/>\nParticipants who complete the Requisite Service Period requirement, the Payment<br \/>\nDate shall occur within two and one-half (2<sup>1<\/sup>\/2) months following the<br \/>\ncompletion of the Requisite Service Period. For Participants who become entitled<br \/>\nto a prorated LTIP Payment upon the termination of their employment by reason of<br \/>\ndeath, disability or involuntary termination other than for cause, the payment<br \/>\nwill be made within two and one-half (2<sup>1<\/sup>\/2) months following their<br \/>\ntermination date. LTIP Payments shall be payable solely from the general assets<br \/>\nof the Company.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Restatement of <br \/>\nFinancial Results:<\/p>\n<\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>If the Company153s financial statements are the subject of a restatement due to<br \/>\nerror or misconduct, to the extent permitted by governing law, in all<br \/>\nappropriate cases, the Company will seek reimbursement of excess incentive cash<br \/>\ncompensation paid under the LTIP to Participants for the Performance Period<br \/>\ncovered by such financial statements. For purposes of this LTIP, excess<br \/>\nincentive cash compensation means the positive difference, if any, between (i)<br \/>\nthe LTIP Payment paid to each Participant and (ii) the LTIP Payment that would<br \/>\nhave been made to that Participant had the Operating Cash Flow performance<br \/>\nmetric been calculated based on the Company153s financial statements as restated.<br \/>\nThe Company will not be required to award any Participant an additional LTIP<br \/>\nPayment should the restated financial statements result in a higher LTIP<br \/>\nPayment.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>No Employment Rights:<\/p>\n<\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>A Participant153s employment with the Company shall be as an &#8220;at will&#8221;<br \/>\nemployee. Nothing in the LTIP shall either confer upon any Participant the right<br \/>\nto continue in the employ of the Company or interfere with or restrict in any<br \/>\nway the rights of the Company<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<hr>\n<table style=\"font-size: 10pt;\" width=\"100%\" cellpadding=\"0\" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"18%\"><\/td>\n<td width=\"1%\"><\/td>\n<td width=\"80%\"><\/td>\n<\/tr>\n<tr>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>to discharge or change the terms of employment (or of any employment<br \/>\nagreement) of any Participant at any time for any reason whatsoever, with or<br \/>\nwithout cause.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\"><\/td>\n<td><\/td>\n<td valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Governing Law:<\/p>\n<\/td>\n<td><\/td>\n<td valign=\"top\">\n<p>This LTIP shall be governed by the laws of the State of California.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<article><contract-id>10632<\/contract-id><contract-name>Asset Purchase Agreement &#8211; Support.com Inc.<\/contract-name><contract-content><\/p>\n<p align=\"center\"><strong>ASSET PURCHASE AGREEMENT<\/strong><\/p>\n<p align=\"center\">\n<p align=\"center\"><strong>BY AND BETWEEN<\/strong><\/p>\n<p align=\"center\">\n<p align=\"center\"><strong>SDC SOFTWARE, INC.<\/strong><\/p>\n<p align=\"center\">\n<p align=\"center\"><strong>AND<\/strong><\/p>\n<p align=\"center\">\n<p align=\"center\"><strong>NICHOLAS SKREPETOS<\/strong><\/p>\n<p align=\"center\">\n<p align=\"center\"><strong>DATED AS OF JUNE 15, 2011<\/strong><\/p>\n<p align=\"center\">\n<\/p>\n<\/p>\n<hr>\n<\/p>\n<\/p>\n<p align=\"center\"><strong>TABLE OF CONTENTS<\/strong><\/p>\n<p align=\"center\">\n<p align=\"right\"><strong><u>Page<\/u><\/strong><\/p>\n<p align=\"right\">\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td colspan=\"2\" width=\"96\" valign=\"top\"><\/td>\n<td colspan=\"2\" valign=\"top\">\n<p><strong>ARTICLE 1 DEFINITIONS1<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>1.1<\/p>\n<\/td>\n<td width=\"1110\" valign=\"top\">\n<p>Capitalized Terms<\/p>\n<\/td>\n<td width=\"39\" valign=\"top\">\n<p>1<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"27\"><\/td>\n<td width=\"34\"><\/td>\n<td width=\"661\"><\/td>\n<td width=\"25\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>1.2<\/p>\n<\/td>\n<td width=\"1110\" valign=\"top\">\n<p>Construction<\/p>\n<\/td>\n<td width=\"39\" valign=\"top\">\n<p>7<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"96\" valign=\"top\"><\/td>\n<td colspan=\"2\" valign=\"top\">\n<p><strong>ARTICLE 2 TRANSFER OF ASSETS7<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>2.1<\/p>\n<\/td>\n<td width=\"1109\" valign=\"top\">\n<p>Transfer of Assets<\/p>\n<\/td>\n<td width=\"40\" valign=\"top\">\n<p>7<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>2.2<\/p>\n<\/td>\n<td width=\"1108\" valign=\"top\">\n<p>Delivery of Transferred Assets.<\/p>\n<\/td>\n<td width=\"41\" valign=\"top\">\n<p>8<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>2.3<\/p>\n<\/td>\n<td width=\"1108\" valign=\"top\">\n<p>Technology Retention<\/p>\n<\/td>\n<td width=\"41\" valign=\"top\">\n<p>9<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>2.4<\/p>\n<\/td>\n<td width=\"1108\" valign=\"top\">\n<p>Collateral Agreements<\/p>\n<\/td>\n<td width=\"41\" valign=\"top\">\n<p>9<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>2.5<\/p>\n<\/td>\n<td width=\"1107\" valign=\"top\">\n<p>Agreement to Perform Necessary Acts<\/p>\n<\/td>\n<td width=\"42\" valign=\"top\">\n<p>9<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>2.6<\/p>\n<\/td>\n<td width=\"1107\" valign=\"top\">\n<p>Assumed Liabilities<\/p>\n<\/td>\n<td width=\"42\" valign=\"top\">\n<p>9<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>2.7<\/p>\n<\/td>\n<td width=\"1109\" valign=\"top\">\n<p>Excluded Liabilities<\/p>\n<\/td>\n<td width=\"40\" valign=\"top\">\n<p>10<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"96\" valign=\"top\"><\/td>\n<td colspan=\"2\" valign=\"top\">\n<p><strong>ARTICLE 3 CLOSING, PURCHASE PRICE AND PAYMENTS11<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>3.1<\/p>\n<\/td>\n<td width=\"1108\" valign=\"top\">\n<p>Closing<\/p>\n<\/td>\n<td width=\"41\" valign=\"top\">\n<p>11<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>3.2<\/p>\n<\/td>\n<td width=\"1108\" valign=\"top\">\n<p>Deliveries at Closing<\/p>\n<\/td>\n<td width=\"41\" valign=\"top\">\n<p>11<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>3.3<\/p>\n<\/td>\n<td colspan=\"2\" width=\"1108\" valign=\"top\">\n<p>Purchase Price<\/p>\n<\/td>\n<td width=\"41\" valign=\"top\">\n<p>12<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>3.4<\/p>\n<\/td>\n<td width=\"1107\" valign=\"top\">\n<p>Payment of Purchase Price<\/p>\n<\/td>\n<td colspan=\"2\" width=\"42\" valign=\"top\">\n<p>12<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"28\"><\/td>\n<td width=\"35\"><\/td>\n<td width=\"655\"><\/td>\n<td width=\"1\"><\/td>\n<td width=\"29\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>3.5<\/p>\n<\/td>\n<td width=\"1107\" valign=\"top\">\n<p>Escrow Fund and Escrow Agreement<\/p>\n<\/td>\n<td width=\"42\" valign=\"top\">\n<p>12<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>3.6<\/p>\n<\/td>\n<td width=\"1107\" valign=\"top\">\n<p>Allocation of Purchase Price<\/p>\n<\/td>\n<td width=\"42\" valign=\"top\">\n<p>13<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>3.7<\/p>\n<\/td>\n<td width=\"1107\" valign=\"top\">\n<p>Transfer Taxes<\/p>\n<\/td>\n<td width=\"42\" valign=\"top\">\n<p>13<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>3.8<\/p>\n<\/td>\n<td width=\"1107\" valign=\"top\">\n<p>Expenses<\/p>\n<\/td>\n<td width=\"42\" valign=\"top\">\n<p>13<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>3.9<\/p>\n<\/td>\n<td width=\"1107\" valign=\"top\">\n<p>Withholding Taxes<\/p>\n<\/td>\n<td width=\"42\" valign=\"top\">\n<p>14<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"96\" valign=\"top\"><\/td>\n<td colspan=\"2\" valign=\"top\">\n<p><strong>ARTICLE 4 REPRESENTATIONS AND WARRANTIES OF SELLER14<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.1<\/p>\n<\/td>\n<td width=\"1106\" valign=\"top\">\n<p>Qualification; Subsidiaries<\/p>\n<\/td>\n<td colspan=\"2\" width=\"43\" valign=\"top\">\n<p>14<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.2<\/p>\n<\/td>\n<td colspan=\"2\" width=\"1107\" valign=\"top\">\n<p>Authorization of Transactions<\/p>\n<\/td>\n<td width=\"42\" valign=\"top\">\n<p>14<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"27\"><\/td>\n<td width=\"34\"><\/td>\n<td width=\"656\"><\/td>\n<td width=\"1\"><\/td>\n<td width=\"30\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.3<\/p>\n<\/td>\n<td width=\"1106\" valign=\"top\">\n<p>Noncontravention<\/p>\n<\/td>\n<td width=\"43\" valign=\"top\">\n<p>14<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.4<\/p>\n<\/td>\n<td width=\"1106\" valign=\"top\">\n<p>Consents<\/p>\n<\/td>\n<td width=\"43\" valign=\"top\">\n<p>15<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.5<\/p>\n<\/td>\n<td width=\"1106\" valign=\"top\">\n<p>Ownership of the Business<\/p>\n<\/td>\n<td width=\"43\" valign=\"top\">\n<p>15<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.6<\/p>\n<\/td>\n<td width=\"1106\" valign=\"top\">\n<p>Financial Information<\/p>\n<\/td>\n<td width=\"43\" valign=\"top\">\n<p>15<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.7<\/p>\n<\/td>\n<td width=\"1106\" valign=\"top\">\n<p>Restrictions on Transactions or Business Activities<\/p>\n<\/td>\n<td width=\"43\" valign=\"top\">\n<p>15<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.8<\/p>\n<\/td>\n<td width=\"1106\" valign=\"top\">\n<p>Title of Properties; Absence of Liens and Encumbrances; Condition<\/p>\n<\/td>\n<td width=\"43\" valign=\"top\">\n<p>16<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.9<\/p>\n<\/td>\n<td width=\"1106\" valign=\"top\">\n<p>Intellectual Property<\/p>\n<\/td>\n<td width=\"44\" valign=\"top\">\n<p>16<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.10<\/p>\n<\/td>\n<td width=\"1105\" valign=\"top\">\n<p>Brokers153 and Finders153 Fees<\/p>\n<\/td>\n<td width=\"44\" valign=\"top\">\n<p>19<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.11<\/p>\n<\/td>\n<td width=\"1104\" valign=\"top\">\n<p>Transferred Contracts<\/p>\n<\/td>\n<td width=\"45\" valign=\"top\">\n<p>19<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.12<\/p>\n<\/td>\n<td width=\"1105\" valign=\"top\">\n<p>Complete Copies of Materials<\/p>\n<\/td>\n<td width=\"44\" valign=\"top\">\n<p>20<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.13<\/p>\n<\/td>\n<td width=\"1104\" valign=\"top\">\n<p>Transferred Assets<\/p>\n<\/td>\n<td width=\"45\" valign=\"top\">\n<p>20<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.14<\/p>\n<\/td>\n<td width=\"1104\" valign=\"top\">\n<p>Operational Licenses<\/p>\n<\/td>\n<td width=\"45\" valign=\"top\">\n<p>20<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.15<\/p>\n<\/td>\n<td width=\"1104\" valign=\"top\">\n<p>Litigation<\/p>\n<\/td>\n<td width=\"45\" valign=\"top\">\n<p>20<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.16<\/p>\n<\/td>\n<td width=\"1104\" valign=\"top\">\n<p>Employee Benefits<\/p>\n<\/td>\n<td width=\"45\" valign=\"top\">\n<p>20<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.17<\/p>\n<\/td>\n<td width=\"1103\" valign=\"top\">\n<p>Bulk Transfer Laws<\/p>\n<\/td>\n<td colspan=\"2\" width=\"46\" valign=\"top\">\n<p>21<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.18<\/p>\n<\/td>\n<td colspan=\"2\" width=\"1104\" valign=\"top\">\n<p>Compliance with Applicable Laws<\/p>\n<\/td>\n<td width=\"45\" valign=\"top\">\n<p>21<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"27\"><\/td>\n<td width=\"38\"><\/td>\n<td width=\"651\"><\/td>\n<td width=\"1\"><\/td>\n<td width=\"31\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.19<\/p>\n<\/td>\n<td width=\"1103\" valign=\"top\">\n<p>Business Practices<\/p>\n<\/td>\n<td width=\"46\" valign=\"top\">\n<p>21<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.20<\/p>\n<\/td>\n<td width=\"1103\" valign=\"top\">\n<p>Tax Matters<\/p>\n<\/td>\n<td width=\"46\" valign=\"top\">\n<p>21<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.21<\/p>\n<\/td>\n<td colspan=\"2\" width=\"1102\" valign=\"top\">\n<p>Certain Relationships<\/p>\n<\/td>\n<td width=\"47\" valign=\"top\">\n<p>22<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.22<\/p>\n<\/td>\n<td width=\"1101\" valign=\"top\">\n<p>Product Warranties<\/p>\n<\/td>\n<td colspan=\"2\" width=\"48\" valign=\"top\">\n<p>22<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"27\"><\/td>\n<td width=\"37\"><\/td>\n<td width=\"650\"><\/td>\n<td width=\"1\"><\/td>\n<td width=\"33\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.23<\/p>\n<\/td>\n<td colspan=\"2\" width=\"1102\" valign=\"top\">\n<p>Accounts Receivable<\/p>\n<\/td>\n<td width=\"47\" valign=\"top\">\n<p>22<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.24<\/p>\n<\/td>\n<td width=\"1101\" valign=\"top\">\n<p>No Insolvency<\/p>\n<\/td>\n<td colspan=\"2\" width=\"48\" valign=\"top\">\n<p>22<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"27\"><\/td>\n<td width=\"38\"><\/td>\n<td width=\"650\"><\/td>\n<td width=\"1\"><\/td>\n<td width=\"33\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.25<\/p>\n<\/td>\n<td width=\"1101\" valign=\"top\">\n<p>Disclosure<\/p>\n<\/td>\n<td width=\"48\" valign=\"top\">\n<p>23<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>4.26<\/p>\n<\/td>\n<td width=\"1101\" valign=\"top\">\n<p>Environmental<\/p>\n<\/td>\n<td width=\"48\" valign=\"top\">\n<p>23<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td colspan=\"2\" width=\"96\" valign=\"top\"><\/td>\n<td colspan=\"2\" valign=\"top\">\n<p><strong>ARTICLE 5 REPRESENTATIONS AND WARRANTIES OF PURCHASER23<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>5.1<\/p>\n<\/td>\n<td width=\"1100\" valign=\"top\">\n<p>Organization<\/p>\n<\/td>\n<td width=\"49\" valign=\"top\">\n<p>23<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"26\"><\/td>\n<td width=\"34\"><\/td>\n<td width=\"654\"><\/td>\n<td width=\"34\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>5.2<\/p>\n<\/td>\n<td colspan=\"2\" width=\"1101\" valign=\"top\">\n<p>Authorization of Transaction<\/p>\n<\/td>\n<td width=\"48\" valign=\"top\">\n<p>23<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>5.3<\/p>\n<\/td>\n<td width=\"1100\" valign=\"top\">\n<p>Sufficient Cash Funds<\/p>\n<\/td>\n<td colspan=\"2\" width=\"49\" valign=\"top\">\n<p>23<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"27\"><\/td>\n<td width=\"34\"><\/td>\n<td width=\"652\"><\/td>\n<td width=\"1\"><\/td>\n<td width=\"33\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td colspan=\"2\" width=\"96\" valign=\"top\"><\/td>\n<td colspan=\"2\" valign=\"top\">\n<p><strong>ARTICLE 6 CONFIDENTIAL INFORMATION23<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>6.1<\/p>\n<\/td>\n<td width=\"1100\" valign=\"top\">\n<p>Confidentiality of Agreement and Public Announcements<\/p>\n<\/td>\n<td width=\"49\" valign=\"top\">\n<p>23<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"27\"><\/td>\n<td width=\"34\"><\/td>\n<td width=\"653\"><\/td>\n<td width=\"34\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>6.2<\/p>\n<\/td>\n<td width=\"1101\" valign=\"top\">\n<p>Remedies<\/p>\n<\/td>\n<td width=\"48\" valign=\"top\">\n<p>24<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"96\" valign=\"top\"><\/td>\n<td colspan=\"2\" valign=\"top\">\n<p><strong>ARTICLE 7 COVENANTS24<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>7.1<\/p>\n<\/td>\n<td width=\"1103\" valign=\"top\">\n<p>Additional Documents and Further Assurances<\/p>\n<\/td>\n<td width=\"46\" valign=\"top\">\n<p>24<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>7.2<\/p>\n<\/td>\n<td width=\"1103\" valign=\"top\">\n<p>Tax Matters<\/p>\n<\/td>\n<td width=\"46\" valign=\"top\">\n<p>24<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>7.3<\/p>\n<\/td>\n<td width=\"1102\" valign=\"top\">\n<p>Delivery of Final Financial Information<\/p>\n<\/td>\n<td width=\"47\" valign=\"top\">\n<p>25<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"96\" valign=\"top\"><\/td>\n<td colspan=\"2\" valign=\"top\">\n<p><strong>ARTICLE 8 SURVIVAL OF REPRESENTATIONS AND WARRANTIES;<br \/>\nINDEMNIFICATION25<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>8.1<\/p>\n<\/td>\n<td width=\"1102\" valign=\"top\">\n<p>Survival of Representations and Warranties<\/p>\n<\/td>\n<td width=\"47\" valign=\"top\">\n<p>25<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>8.2<\/p>\n<\/td>\n<td width=\"1102\" valign=\"top\">\n<p>Indemnification<\/p>\n<\/td>\n<td width=\"47\" valign=\"top\">\n<p>26<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>8.3<\/p>\n<\/td>\n<td colspan=\"2\" width=\"1103\" valign=\"top\">\n<p>Source of Indemnification<\/p>\n<\/td>\n<td width=\"46\" valign=\"top\">\n<p>26<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>8.4<\/p>\n<\/td>\n<td width=\"1102\" valign=\"top\">\n<p>Indemnification Procedure<\/p>\n<\/td>\n<td colspan=\"2\" width=\"47\" valign=\"top\">\n<p>26<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"27\"><\/td>\n<td width=\"34\"><\/td>\n<td width=\"654\"><\/td>\n<td width=\"1\"><\/td>\n<td width=\"32\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>8.5<\/p>\n<\/td>\n<td width=\"1102\" valign=\"top\">\n<p>Resolution of Conflicts; Arbitration.<\/p>\n<\/td>\n<td width=\"47\" valign=\"top\">\n<p>27<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>8.6<\/p>\n<\/td>\n<td width=\"1102\" valign=\"top\">\n<p>Third-Party Claims<\/p>\n<\/td>\n<td width=\"47\" valign=\"top\">\n<p>27<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>8.7<\/p>\n<\/td>\n<td width=\"1102\" valign=\"top\">\n<p>Limitations on Indemnity.<\/p>\n<\/td>\n<td width=\"47\" valign=\"top\">\n<p>27<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>8.8<\/p>\n<\/td>\n<td width=\"1102\" valign=\"top\">\n<p>Exclusive Remedy<\/p>\n<\/td>\n<td width=\"47\" valign=\"top\">\n<p>28<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td colspan=\"2\" width=\"96\" valign=\"top\"><\/td>\n<td colspan=\"2\" valign=\"top\">\n<p><strong>ARTICLE 9 AMENDMENT AND WAIVER28<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>9.1<\/p>\n<\/td>\n<td width=\"1102\" valign=\"top\">\n<p>Amendment<\/p>\n<\/td>\n<td width=\"47\" valign=\"top\">\n<p>28<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"27\"><\/td>\n<td width=\"34\"><\/td>\n<td width=\"654\"><\/td>\n<td width=\"33\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>9.2<\/p>\n<\/td>\n<td width=\"1101\" valign=\"top\">\n<p>Extension; Waiver<\/p>\n<\/td>\n<td width=\"48\" valign=\"top\">\n<p>28<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"96\" valign=\"top\"><\/td>\n<td colspan=\"2\" valign=\"top\">\n<p><strong>ARTICLE 10 GENERAL28<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>10.1<\/p>\n<\/td>\n<td width=\"1101\" valign=\"top\">\n<p>Notices<\/p>\n<\/td>\n<td colspan=\"2\" width=\"48\" valign=\"top\">\n<p>28<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>10.2<\/p>\n<\/td>\n<td colspan=\"2\" width=\"1102\" valign=\"top\">\n<p>Governing Law<\/p>\n<\/td>\n<td width=\"47\" valign=\"top\">\n<p>29<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"27\"><\/td>\n<td width=\"38\"><\/td>\n<td width=\"649\"><\/td>\n<td width=\"1\"><\/td>\n<td width=\"33\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>10.3<\/p>\n<\/td>\n<td width=\"1102\" valign=\"top\">\n<p>Forum and Venue<\/p>\n<\/td>\n<td width=\"47\" valign=\"top\">\n<p>29<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>10.4<\/p>\n<\/td>\n<td width=\"1101\" valign=\"top\">\n<p>Resolution of Conflicts; Arbitration<\/p>\n<\/td>\n<td width=\"48\" valign=\"top\">\n<p>29<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>10.5<\/p>\n<\/td>\n<td width=\"1101\" valign=\"top\">\n<p>Assignment<\/p>\n<\/td>\n<td width=\"48\" valign=\"top\">\n<p>30<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>10.6<\/p>\n<\/td>\n<td width=\"1101\" valign=\"top\">\n<p>No Third-Party Beneficiaries<\/p>\n<\/td>\n<td width=\"48\" valign=\"top\">\n<p>30<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>10.7<\/p>\n<\/td>\n<td width=\"1101\" valign=\"top\">\n<p>WAIVER OF JURY TRIAL<\/p>\n<\/td>\n<td width=\"48\" valign=\"top\">\n<p>30<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>10.8<\/p>\n<\/td>\n<td width=\"1100\" valign=\"top\">\n<p>Severability<\/p>\n<\/td>\n<td width=\"49\" valign=\"top\">\n<p>30<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>10.9<\/p>\n<\/td>\n<td width=\"1101\" valign=\"top\">\n<p>Entire Agreement<\/p>\n<\/td>\n<td colspan=\"2\" width=\"48\" valign=\"top\">\n<p>30<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"48\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>10.10<\/p>\n<\/td>\n<td colspan=\"2\" width=\"1102\" valign=\"top\">\n<p>Counterparts<\/p>\n<\/td>\n<td width=\"47\" valign=\"top\">\n<p>31<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"27\"><\/td>\n<td width=\"41\"><\/td>\n<td width=\"647\"><\/td>\n<td width=\"1\"><\/td>\n<td width=\"32\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<hr>\n<\/p>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"96\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p><strong>SCHEDULES<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<p>Schedule 1.1(tt) Product Software<\/p>\n<\/p>\n<p>Schedule 1.1(aaa) Sites<\/p>\n<\/p>\n<p>Schedule 1.1(ddd) Tangible Assets<\/p>\n<\/p>\n<p>Schedule 1.1(kkk) Transferred Contracts<\/p>\n<\/p>\n<p>Schedule 1.1(lll) Transferred IP<\/p>\n<\/p>\n<p>Schedule1.1(mmm) Transferred Products<\/p>\n<\/p>\n<p>Schedule 1.1(nnn) Transferred Technology<\/p>\n<\/p>\n<p>Schedule 2.1(a)(xii) Other Transferred Assets<\/p>\n<\/p>\n<p>Schedule 2.1(b) Excluded Assets<\/p>\n<\/p>\n<p>Schedule 2.6(d) Assumed Liabilities<\/p>\n<\/p>\n<p>Schedule 2.7 Other Excluded Liabilities<\/p>\n<\/p>\n<p>Schedule 3.4 Wire Transfer Instructions<\/p>\n<\/p>\n<p>Schedule 3.5 Business Milestones<\/p>\n<\/p>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"96\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p><strong>EXHIBITS<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<p>Exhibit A-1 Form of Seller Non-Competition and Non-Solicitation Agreement<\/p>\n<\/p>\n<p>Exhibit A-2 Form of Employee Non-Competition and Non-Solicitation Agreement\n<\/p>\n<\/p>\n<p>Exhibit B Disclosure Schedule<\/p>\n<\/p>\n<p>Exhibit C Escrow Agreement<\/p>\n<\/p>\n<p>Exhibit D General Assignment and Bill of Sale<\/p>\n<\/p>\n<p>Exhibit E Form of Assignment of Copyright, Trademarks, Patents<\/p>\n<\/p>\n<p>Exhibit F Form of Legal Opinion<\/p>\n<\/p>\n<p>Exhibit G Short-Term Lease of Existing Office Space<\/p>\n<\/p>\n<\/p>\n<\/p>\n<\/p>\n<\/p>\n<\/p>\n<hr>\n<\/p>\n<\/p>\n<p align=\"center\"><strong>ASSET PURCHASE AGREEMENT<\/strong><\/p>\n<p align=\"center\">\n<p>THIS ASSET PURCHASE AGREEMENT (this &#8220;<u>Agreement<\/u>&#8220;), is made and entered<br \/>\ninto as of June 15<strong>, <\/strong>2011 by and between SDC Software, Inc., a<br \/>\nDelaware corporation, with a place of business at 1900 Seaport Boulevard, 3rd<br \/>\nFloor, Redwood City, CA 94063 (&#8220;<u>Purchaser<\/u>&#8220;), and Nicholas Skrepetos, with<br \/>\na principal residence at 1185 Throne Drive, Eugene, OR 97402 (&#8220;<u>Seller<\/u>&#8220;).<br \/>\nEach of Purchaser and Seller is referred to herein individually as a<br \/>\n&#8220;<u>Party<\/u>,&#8221; and collectively as the &#8220;<u>Parties<\/u>&#8220;.<\/p>\n<\/p>\n<p align=\"center\">RECITALS<\/p>\n<p align=\"center\">\n<p>A. Seller owns and operates the Business (as defined below).<\/p>\n<\/p>\n<p>B. Seller desires to sell, and Purchaser desires to purchase, all right,<br \/>\ntitle and interest of Seller in and to all of the assets of Seller related to,<br \/>\nuseful in or necessary to the Business, other than the Excluded Assets (as<br \/>\ndefined below), and Purchaser will assume only the Assumed Liabilities (as<br \/>\ndefined below), all upon the terms and subject to the conditions set forth<br \/>\nherein.<\/p>\n<\/p>\n<p>C. A portion of the consideration payable by Purchaser to Seller hereunder<br \/>\nshall be placed in escrow as security for certain obligations of Seller set<br \/>\nforth in this Agreement.<\/p>\n<\/p>\n<p>D. Concurrently with the execution and delivery of this Agreement, and as a<br \/>\nmaterial inducement to Purchaser to enter into this Agreement, (i) Nicholas<br \/>\nSkrepetos and each of the Designated Employees (as defined below) shall execute<br \/>\nand deliver to Purchaser an offer letter (the &#8220;<u>Offer Letters<\/u>&#8220;) for<br \/>\nemployment with Purchaser to be effective immediately following the Closing (as<br \/>\ndefined below); (ii) Nicholas Skrepetos shall execute and deliver to Purchaser a<br \/>\nnon-competition and non-solicitation agreement in the form attached hereto as<br \/>\n<u>Exhibit A-1<\/u> (the &#8220;<u>Seller Non-Competition and Non-Solicitation<br \/>\nAgreement<\/u>&#8220;); and (iii) each of the Designated Employees shall execute and<br \/>\ndeliver to Purchaser a non-competition and non-solicitation agreement in the<br \/>\nform attached hereto as <u>Exhibit A-2<\/u> (the &#8220;<u>Employee Non-Competition and<br \/>\nNon-Solicitation Agreement<\/u>&#8220;).<\/p>\n<\/p>\n<p align=\"center\">AGREEMENT<\/p>\n<p align=\"center\">\n<p>NOW, THEREFORE, in consideration of the covenants, promises, representations<br \/>\nand warranties set forth herein, and for other good and valuable consideration<br \/>\n(the receipt and sufficiency of which are hereby acknowledged by the Parties<br \/>\nhereto), intending to be legally bound hereby, the Parties hereto hereby agree<br \/>\nas follows:<\/p>\n<\/p>\n<p align=\"center\"><strong>ARTICLE 1<\/strong><\/p>\n<p align=\"center\">\n<p align=\"center\"><strong><u>DEFINITIONS<\/u><\/strong><\/p>\n<p align=\"center\">\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"24\" valign=\"top\">\n<p align=\"right\">1.1<\/p>\n<\/td>\n<td valign=\"top\">\n<p><u>Capitalized Terms<\/u><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The following capitalized terms shall have the meanings set forth below for<br \/>\npurposes of this Agreement and the schedules attached hereto (unless such terms<br \/>\nare otherwise defined in the schedules):<\/p>\n<\/p>\n<p>(a) &#8220;<u>Actual Purchase Price Adjustment<\/u>&#8221; means an amount equal to (x)<br \/>\nthe Assumed Liabilities set forth on <u>Schedule 2.6(d)<\/u>, less (y) Prepaid<br \/>\nExpenses, in each case as finally calculated pursuant to <u>Section 7.3<\/u>;<br \/>\n<em>provided<\/em> that if the amount of the foregoing calculation is negative,<br \/>\nthe Actual Purchase Price Adjustment shall be deemed to equal zero.<\/p>\n<\/p>\n<p>(b) &#8220;<u>Allocation<\/u>&#8221; has the meaning set forth in <u>Section 3.6<\/u>.<\/p>\n<\/p>\n<p>(c) &#8220;<u>Assumed Liabilities<\/u>&#8221; has the meaning set forth in <u>Section<br \/>\n2.6<\/u>.<\/p>\n<\/p>\n<p>(d) &#8220;<u>Books and Records<\/u>&#8221; means the books and records (in paper or<br \/>\nelectronic format) of the Business, including the sales records, reports on<br \/>\nsales and business performance, customer and end user lists and information,<br \/>\nincluding customer email addresses, supplier lists and information, Transferred<br \/>\nProduct records, distributor and other sales information, copies of Transferred<br \/>\nContracts, and copies of policies and procedures regarding marketing and<br \/>\ncustomer and end user support.<\/p>\n<\/p>\n<p>(e) &#8220;<u>Business<\/u>&#8221; shall mean all of the operations, activities, services<br \/>\nand products of the SUPERAntiSpyware.com business operated by Seller, including<br \/>\nwithout limitation those relating to (i) the marketing and sales of anti-malware<br \/>\nand other software technology and products; (ii) the development of anti-malware<br \/>\nand other software technology and products; (iii) the provision of services and<br \/>\nsupport relating to anti-malware and other software technology and products, as<br \/>\nsuch operations and activities are currently conducted and proposed to be<br \/>\nconducted by Seller and as such services and products are currently offered and<br \/>\nproposed to be offered by Seller; and (iv) any other software or technology in<br \/>\nresearch, development or production as reflected in the books and records of the<br \/>\nBusiness including, but not limited to the source code vaults maintained by the<br \/>\nBusiness.<\/p>\n<\/p>\n<p>(f) &#8220;<u>Closing<\/u>&#8221; has the meaning set forth in <u>Section 3.1<\/u>.<\/p>\n<\/p>\n<p>(g) &#8220;<u>Closing Date<\/u>&#8221; means the date on which the Closing occurs.<\/p>\n<\/p>\n<p>(h) &#8220;<u>Code<\/u>&#8221; means the U.S. Internal Revenue Code of 1986, as amended.\n<\/p>\n<\/p>\n<p>(i) &#8220;<u>Collateral Agreements<\/u>&#8221; has the meaning set forth in <u>Section<br \/>\n2.4<\/u>.<\/p>\n<\/p>\n<p>(j) &#8220;<u>Competing Business Purpose<\/u>&#8221; means any business (including<br \/>\nresearch and development), operations, activities and\/or services that are<br \/>\nrelated to software or services in the field of supporting, maintaining,<br \/>\nrepairing, installing, optimizing the performance of or securing a technology<br \/>\ndevice or software (such as, but not limited to, personal computers, tablets,<br \/>\nprinters, routers, home gateways, smart phones, gaming devices, digital cameras,<br \/>\nFacebook accounts or any other accounts that store personally identifiable<br \/>\ninformation, and music players); <em>provided<\/em> that the foregoing shall not<br \/>\nbe deemed to include software or services the principal purpose of which is the<br \/>\ndevelopment or operation of websites, gaming applications, social networking<br \/>\napplications, instant messengers, audio and media applications, file and image<br \/>\nmanipulation applications, accounting applications, or word processing<br \/>\napplications, so long as the ancillary or indirect purpose of such software or<br \/>\nservices is not related to a Competing Business Purpose.<\/p>\n<\/p>\n<p>(k) &#8220;<u>Consent<\/u>&#8221; means any consent, waiver, approval, permit, order or<br \/>\nauthorization of, or registration, declaration or filing with, any Person not a<br \/>\nparty to this Agreement.<\/p>\n<\/p>\n<p>(l) &#8220;<u>Contract<\/u>&#8221; shall mean any note, bond, mortgage, indenture, lease,<br \/>\ncontract, purchase order, insertion order, terms of service or sale, binding<br \/>\nquote, covenant or other agreement, instrument or commitment, permit,<br \/>\nconcession, franchise or license, including any amendment or modifications made<br \/>\nthereto, whether oral or written.<\/p>\n<\/p>\n<p>(m) &#8220;<u>Designated Employees<\/u>&#8221; means Don Fowler, Geoff Bullard and David<br \/>\nPrice.<\/p>\n<\/p>\n<p>(n) &#8220;<u>Disclosure Schedule<\/u>&#8221; means the Disclosure Schedule dated as of<br \/>\nthe date hereof and attached hereto as <u>Exhibit B<\/u>.<\/p>\n<\/p>\n<p>(o) &#8220;<u>Employee<\/u>&#8221; means any current or former employee, contractor,<br \/>\nconsultant or advisor of the Business.<\/p>\n<\/p>\n<p>(p) &#8220;<u>Employee Non-Competition and Non-Solicitation Agreement<\/u>&#8221; has the<br \/>\nmeaning set forth in the recitals hereto.<\/p>\n<\/p>\n<p>(q) &#8220;<u>ERISA<\/u>&#8221; means the Employee Retirement Income Security Act of 1974,<br \/>\nas amended.<\/p>\n<\/p>\n<p>(r) &#8220;<u>ERISA Affiliate<\/u>&#8221; means such subsidiary of Seller and any other<br \/>\nperson or entity under common control with Seller or any of its subsidiaries<br \/>\nwithin the meaning of Section 414(b), (c), (m) or (o) of the Code and the<br \/>\nregulations issued thereunder.<\/p>\n<\/p>\n<p>(s) &#8220;<u>Escrow Agent<\/u>&#8221; means U.S. Bank, National Association.<\/p>\n<\/p>\n<p>(t) &#8220;<u>Escrow Agreement<\/u>&#8221; means the Escrow Agreement to be executed and<br \/>\ndelivered prior to Closing by and among the Purchaser, Seller and the Escrow<br \/>\nAgent, attached hereto as <u>Exhibit C<\/u>.<\/p>\n<\/p>\n<p>(u) &#8220;<u>Escrow Fund<\/u>&#8221; has the meaning set forth in <u>Section 3.5<\/u>.<\/p>\n<\/p>\n<p>(v) &#8220;<u>Escrow Payment<\/u>&#8221; has the meaning set forth in <u>Section 3.4<\/u>.\n<\/p>\n<\/p>\n<p>(w) &#8220;<u>Escrow Period<\/u>&#8221; means the period commencing immediately after the<br \/>\nClosing and ending at 5:00 p.m. (California Time) on the date thirty (30) days<br \/>\nafter the expiration of the period which is eighteen (18) months after the<br \/>\nClosing.<\/p>\n<\/p>\n<p>(x) &#8220;<u>Estimated Purchase Price Adjustment<\/u>&#8221; means an amount equal to (x)<br \/>\nthe Assumed Liabilities set forth on <u>Schedule 2.6(d)<\/u>, less (y) Prepaid<br \/>\nExpenses, in each case as set forth in the Adjustment Certificate delivered to<br \/>\nPurchaser pursuant to <u>Section 3.2(i)<\/u>; <em>provided<\/em> that if the<br \/>\namount of the foregoing calculation is negative, the Estimated Purchase Price<br \/>\nAdjustment shall be deemed to equal zero.<\/p>\n<\/p>\n<p>(y) &#8220;<u>Excluded Assets<\/u>&#8221; has the meaning set forth in <u>Section<br \/>\n2.1(b)<\/u>.<\/p>\n<\/p>\n<p>(z) &#8220;<u>Excluded Liabilities<\/u>&#8221; has the meaning set forth in <u>Section<br \/>\n2.7<\/u>.<\/p>\n<\/p>\n<p>(aa) &#8220;<u>Excluded Employee Liabilities<\/u>&#8221; means: (i) payments or<br \/>\nentitlements that Seller or its ERISA Affiliates may owe or have promised to pay<br \/>\nto Employees, including wages, other remuneration, holiday or vacation pay,<br \/>\nbonus, profit sharing, commission, pension contributions, taxes, and any other<br \/>\nrelated Liability; (ii) all payments with respect to the Employees that are due<br \/>\nto be paid on or prior to the Closing Date (including pension contributions,<br \/>\ninsurance premiums and taxation) to any third party in connection with the<br \/>\nemployment of any of the Employees; (iii) any claims or expectancies of any<br \/>\nEmployees following from their employment or consultancy with Seller or its<br \/>\nERISA Affiliates which have been incurred or accrued on or prior to the Closing<br \/>\nDate; and (iv) any other Liability related to the Employees or agents of Seller<br \/>\nor its ERISA Affiliates, whenever arising, in each case including WARN Act or<br \/>\nany similar law or statute, change of control, workers153 compensation, severance,<br \/>\nsalary, bonuses, COBRA benefits or other benefits or payments due under any<br \/>\nSeller Employee Plan, whether or not any such Employees shall accept employment<br \/>\nwith Purchaser in connection with the Transactions.<\/p>\n<\/p>\n<p>(bb) &#8220;<u>Governmental Entity<\/u>&#8221; means any court, administrative agency or<br \/>\ncommission or other federal, state, county, local or other foreign governmental<br \/>\nauthority, instrumentality, agency or commission.<\/p>\n<\/p>\n<p>(cc) &#8220;<u>Indemnified Party<\/u>&#8221; has the meaning set forth in <u>Section<br \/>\n8.2<\/u>.<\/p>\n<\/p>\n<p>(dd) &#8220;<u>Indemnifying Party<\/u>&#8221; has the meaning set forth in <u>Section<br \/>\n8.2<\/u>.<\/p>\n<\/p>\n<p>(ee) &#8220;<u>Intellectual Property Rights<\/u>&#8221; shall mean any or all of the<br \/>\nfollowing and all statutory and\/or common law rights throughout the world in,<br \/>\narising out of, or associated therewith: (i) all patents and applications<br \/>\ntherefor and all reissues, divisions, renewals, extensions, provisionals,<br \/>\nsubstitutions, continuations and continuations-in-part thereof (collectively,<br \/>\n&#8220;<u>Patents<\/u>&#8220;); (ii) all inventions (whether patentable or not), invention<br \/>\ndisclosures and improvements, all trade secrets, proprietary information, know<br \/>\nhow and technology; (iii) all works of authorship, copyrights, mask works,<br \/>\ncopyright and mask work registrations and applications; (iv) all industrial<br \/>\ndesigns and any registrations and applications therefor; (v) all trade names,<br \/>\nlogos, trademarks and service marks, trademark and service mark registrations<br \/>\nand applications (collectively, &#8220;<u>Trademarks<\/u>&#8220;); (vi) all databases and<br \/>\ndata collections (including knowledge databases, customer lists and customer<br \/>\ndatabases); (vii) all rights in Software; (viii) rights to uniform resource<br \/>\nlocators, Web site addresses and domain names; (ix) any similar, corresponding<br \/>\nor equivalent rights to any of the foregoing; and (x) all goodwill associated<br \/>\nwith any of the foregoing.<\/p>\n<\/p>\n<p>(ff) &#8220;<u>Knowledge<\/u>&#8221; or &#8220;<u>Known<\/u>&#8221; shall mean, with respect to Seller,<br \/>\nthe knowledge of the Seller assuming that Seller shall have made due and<br \/>\ndiligent inquiry with respect to the applicable subject matter, including<br \/>\ninquiry of the Employees that would be reasonably expected to have knowledge of<br \/>\nthe matter.<\/p>\n<\/p>\n<p>(gg) &#8220;<u>Legal Requirement<\/u>&#8221; means any constitution, act, statute, law,<br \/>\nordinance, treaty, rule, regulation or official interpretation of, or judgment,<br \/>\ninjunction, order, decision, decree, license, permit or authorization issued by,<br \/>\nany Governmental Entity.<\/p>\n<\/p>\n<p>(hh) &#8220;<u>Liability<\/u>&#8221; shall mean any debt, liability, indebtedness, duty,<br \/>\nexpense, claim, deficiency, guaranty, endorsement or other obligation of any<br \/>\ntype (whether known or unknown, whether asserted or unasserted, whether matured<br \/>\nor unmatured, whether absolute or contingent, whether accrued or unaccrued,<br \/>\nwhether liquidated or unliquidated, whether incurred or consequential and<br \/>\nwhether due or to become due), including any liability for Taxes.<\/p>\n<\/p>\n<p>(ii) &#8220;<u>Lien<\/u>&#8221; shall mean any mortgage, pledge, lien, security interest,<br \/>\ncharge, claim, equity, encumbrance, restriction on transfer, conditional sale or<br \/>\nother title retention device or arrangement (including a capital lease),<br \/>\ntransfer for the purpose of subjection to the payment of any indebtedness, or<br \/>\nrestriction on the creation of any of the foregoing, whether relating to any<br \/>\nproperty or right or the income or profits therefrom.<\/p>\n<\/p>\n<p>(jj) &#8220;<u>Loss<\/u>&#8221; and &#8220;<u>Losses<\/u>&#8221; has the meaning set forth in<br \/>\n<u>Section 8.2<\/u>.<\/p>\n<\/p>\n<p>(kk) &#8220;<u>Offer Letter<\/u>&#8221; has the meaning set forth in the recitals hereto.\n<\/p>\n<\/p>\n<p>(ll) &#8220;<u>Officer153s Certificate<\/u>&#8221; has the meaning set forth in <u>Section<br \/>\n8.4<\/u>.<\/p>\n<\/p>\n<p>(mm) &#8220;<u>Open Source Materials<\/u>&#8221; has the meaning set forth in <u>Section<br \/>\n4.9(h)<\/u>.<\/p>\n<\/p>\n<p>(nn) &#8220;<u>Party<\/u>&#8221; and &#8220;<u>Parties<\/u>&#8221; have the meaning set forth in the<br \/>\nintroductory paragraph hereto.<\/p>\n<\/p>\n<p>(oo) &#8220;<u>Person<\/u>&#8221; means an individual, partnership, corporation, limited<br \/>\nliability company, association, joint venture, trust, unincorporated<br \/>\norganization or Governmental Entity.<\/p>\n<\/p>\n<p>(pp) &#8220;<u>Personally Identifiable Information<\/u>&#8221; or &#8220;<u>PII<\/u>&#8221; has the<br \/>\nmeaning set forth in <u>Section 4.9(t)<\/u>.<\/p>\n<\/p>\n<p>(qq) &#8220;<u>Prepaid Expenses<\/u>&#8221; means the prepaid expenses of the Business as<br \/>\nof 11:59 p.m., local time on the Closing Date.<\/p>\n<\/p>\n<p>(rr) &#8220;<u>Privacy Policies<\/u>&#8221; has the meaning set forth in <u>Section<br \/>\n4.9(t)<\/u>.<\/p>\n<\/p>\n<p>(ss) &#8220;<u>Processing<\/u>&#8221; has the meaning set forth in <u>Section 4.9(u)<\/u>.\n<\/p>\n<\/p>\n<p>(tt) &#8220;<u>Product Software<\/u>&#8221; means all Software that is (i) included in or<br \/>\npart of any version of the Transferred Products, including the Software listed<br \/>\non <u>Schedule 1.1(tt)<\/u> and all versions thereof, and including any Software<br \/>\nfrom which such Software was derived, or (ii) currently under development by or<br \/>\non behalf of the Business.<\/p>\n<\/p>\n<p>(uu) &#8220;<u>Purchase Price<\/u>&#8221; has the meaning set forth in <u>Section<br \/>\n3.3<\/u>.<\/p>\n<\/p>\n<p>(vv) &#8220;<u>Purchaser<\/u>&#8221; has the meaning set forth in the introductory<br \/>\nparagraph hereto.<\/p>\n<\/p>\n<p>(ww) &#8220;<u>Registered IP<\/u>&#8221; means all United States, international and<br \/>\nforeign: (i) patents and patent applications (including provisional<br \/>\napplications) or service marks; (ii) registered trademarks, applications to<br \/>\nregister trademarks, intent-to-use applications, or other registrations or<br \/>\napplications related to trademarks or service marks; (iii) registered copyrights<br \/>\nand applications for copyright registration; (iv) domain name registrations; and<br \/>\n(v) any other Intellectual Property Rights that are the subject of an<br \/>\napplication, certificate, filing, registration or other document issued, filed<br \/>\nwith, or recorded by any state, government or other public legal authority.<\/p>\n<\/p>\n<p>(xx) &#8220;<u>Seller<\/u>&#8221; has the meaning set forth in the introductory paragraph<br \/>\nhereto.<\/p>\n<\/p>\n<p>(yy) &#8220;<u>Seller Employee Plan<\/u>&#8221; shall mean any plan, program, policy,<br \/>\npractice, contract, agreement or other arrangement providing for compensation,<br \/>\nseverance, termination pay, deferred compensation, performance awards, stock or<br \/>\nstock-related awards, welfare benefits, retirement benefits, fringe benefits or<br \/>\nother Employee benefits or remuneration of any kind, whether written or<br \/>\nunwritten, funded or unfunded, formal or informal, including each &#8220;employee<br \/>\nbenefit plan&#8221; within the meaning of Section 3(3) of ERISA, which is or has been<br \/>\nmaintained, contributed to, or required to be contributed to, by Seller or any<br \/>\nof its ERISA Affiliates for the benefit of any of the Employees of the Business<br \/>\nor with respect to which Seller or any of its ERISA Affiliates has or may have<br \/>\nany liability or obligation.<\/p>\n<\/p>\n<p>(zz) &#8220;<u>Seller Non-Competition and Non-Solicitation Agreement<\/u>&#8221; has the<br \/>\nmeaning set forth in the recitals hereto.<\/p>\n<\/p>\n<p>(aaa) &#8220;<u>Sites<\/u>&#8221; shall mean all of the world wide web sites used in the<br \/>\nBusiness, including those located at the uniform resource locators set forth on<br \/>\n<u>Schedule 1.1(aaa)<\/u>.<\/p>\n<\/p>\n<p>(bbb) &#8220;<u>Software<\/u>&#8221; means any and all computer software and code,<br \/>\nincluding assemblers, applets, compilers, source code, object code, data<br \/>\n(including image and sound data), design tools and user interfaces, in any form<br \/>\nor format, however fixed. Software includes source code listings, comments, flow<br \/>\ndiagrams, and any other documentation in any form or format and user manuals.\n<\/p>\n<\/p>\n<p>(ccc) &#8220;<u>Special Representations<\/u>&#8221; has the meaning set forth in<br \/>\n<u>Section 8.1<\/u>.<\/p>\n<\/p>\n<p>(ddd) &#8220;<u>Tangible Assets<\/u>&#8221; means all tangible assets, including<br \/>\nTechnology, related to, useful in or necessary to the Business, the material<br \/>\nitems of which are described on <u>Schedule 1.1(ddd)<\/u>.<\/p>\n<\/p>\n<p>(eee) &#8220;<u>Tax<\/u>&#8221; and &#8220;<u>Taxes<\/u>&#8221; means (i) any and all federal, state,<br \/>\nlocal and foreign taxes, assessments, and other governmental charges, duties,<br \/>\nimpositions and liabilities, including taxes based upon or measured by gross<br \/>\nreceipts, income, profits, sales, use and occupation, and value-added, ad<br \/>\nvalorem, transfer, franchise, withholding, payroll, recapture, employment,<br \/>\nexcise and property taxes, together with all interest, penalties and additions<br \/>\nimposed with respect to such amounts; (ii) any liability for the payment of any<br \/>\namounts of the type described in clause (i) above as a result of being a member<br \/>\nof an affiliated, consolidated, combined or unitary group for any period; and<br \/>\n(iii) any liability for the payment of any amounts of the type described in<br \/>\nclause (i) or (ii) above as a result of any express or implied obligation to<br \/>\nindemnify any other Person or as a result of any obligations under any<br \/>\nagreements or arrangements with any other Person or entity with respect to such<br \/>\namounts and including any liability for taxes of a predecessor entity.<\/p>\n<\/p>\n<p>(fff) &#8220;<u>Tax Returns<\/u>&#8221; means all forms required to be filed with a taxing<br \/>\nauthority.<\/p>\n<\/p>\n<p>(ggg) &#8220;<u>Technology<\/u>&#8221; means all technology, including all know-how,<br \/>\nshow-how, techniques, design rules, trade secrets, inventions (whether or not<br \/>\npatented or patentable), algorithms, routines, Software, files, databases, works<br \/>\nof authorship, processes, devices, prototypes, schematics, netlist, mask works,<br \/>\ntest methodologies, documentation, hardware development tools, any media on<br \/>\nwhich any of the foregoing is recorded, and any other tangible embodiments of<br \/>\nany of the foregoing.<\/p>\n<\/p>\n<p>(hhh) &#8220;<u>Transactions<\/u>&#8221; means the transactions contemplated by this<br \/>\nAgreement and any agreements related to this Agreement.<\/p>\n<\/p>\n<p>(iii) &#8220;<u>Transfer Taxes<\/u>&#8221; has the meaning set forth in <u>Section<br \/>\n3.7<\/u>.<\/p>\n<\/p>\n<p>(jjj) &#8220;<u>Transferred Assets<\/u>&#8221; has the meaning set forth in <u>Section<br \/>\n2.1<\/u>.<\/p>\n<\/p>\n<p>(kkk) &#8220;<u>Transferred Contracts<\/u>&#8221; means those Contracts listed on<br \/>\n<u>Schedule 1.1(kkk)<\/u>, with any Transferred Contracts requiring a Consent<br \/>\nindicated thereon.<\/p>\n<\/p>\n<p>(lll) &#8220;<u>Transferred IP<\/u>&#8221; means all Intellectual Property Rights owned by<br \/>\nSeller that are embodied by or would be infringed by the making, using, offering<br \/>\nfor sale, marketing, selling, servicing, supporting, importing or other<br \/>\nexploitation of the Transferred Products, the Product Software or the Web<br \/>\nContent, or by the operation of the Business, the material items of which are<br \/>\nlisted or described in <u>Schedule 1.1(lll)<\/u>.<\/p>\n<\/p>\n<p>(mmm) &#8220;<u>Transferred Products<\/u>&#8221; means the entire line of products and<br \/>\nservices offered by or relating to the Business, including without limitation<br \/>\nall versions of such products and services, and products and services under<br \/>\ndevelopment, and including the products listed on <u>Schedule 1.1(mmm)<\/u><br \/>\nhereto.<\/p>\n<\/p>\n<p>(nnn) &#8220;<u>Transferred Technology<\/u>&#8221; shall mean all Technology owned by<br \/>\nSeller or that Seller has the right or authority to transfer that is related to,<br \/>\nuseful in or necessary to the Business (other than Technology used exclusively<br \/>\nin an Excluded Asset), including without limitation the Technology constituting<br \/>\nthe Transferred Products and the Web Content, and including all Technology<br \/>\nlisted on <u>Schedule 1.1(nnn)<\/u>. To the extent that any Software constitutes<br \/>\nTransferred Technology, all versions and releases of such Software, and Software<br \/>\nfrom which such Software was derived shall be included as Transferred<br \/>\nTechnology.<\/p>\n<\/p>\n<p>(ooo) &#8220;<u>Web Content<\/u>&#8221; shall mean all content that is or has been<br \/>\ndisplayed or available, or that has otherwise been prepared or developed to sell<br \/>\nor market the Transferred Products, on the Sites or on any third party153s web<br \/>\nsite.<\/p>\n<\/p>\n<p>1.2 <u>Construction<\/u><\/p>\n<\/p>\n<p>For purposes of this Agreement, the Parties hereto agree that:<\/p>\n<\/p>\n<p>(a) whenever the context requires, the singular number will include the<br \/>\nplural, and vice versa, the masculine gender will include the feminine and<br \/>\nneuter genders, the feminine gender will include the masculine and neuter<br \/>\ngenders, and the neuter gender will include the masculine and feminine genders;\n<\/p>\n<\/p>\n<p>(b) the words &#8220;include&#8221; and &#8220;including,&#8221; and variations thereof, will not be<br \/>\ndeemed to be terms of limitation, but rather will be deemed to be followed by<br \/>\nthe words &#8220;without limitation&#8221;;<\/p>\n<\/p>\n<p>(c) all references in this Agreement to &#8220;Schedules,&#8221; &#8220;Sections&#8221; and<br \/>\n&#8220;Exhibits&#8221; are intended to refer to Schedules, Sections and Exhibits to this<br \/>\nAgreement, except as otherwise indicated;<\/p>\n<\/p>\n<p>(d) the headings in this Agreement are for convenience of reference only,<br \/>\nwill not be deemed to be a part of this Agreement, and will not be referred to<br \/>\nin connection with the construction or interpretation of this Agreement;<\/p>\n<\/p>\n<p>(e) each Party has been represented by counsel during the negotiation and<br \/>\nexecution of this Agreement and, therefore, each waives the application of any<br \/>\nlaw, regulation, holding or rule of construction providing that ambiguities in<br \/>\nan agreement or other document will be construed against the Party drafting such<br \/>\nagreement or document;<\/p>\n<\/p>\n<p>(f) nothing in the Disclosure Schedule shall be deemed an adequate disclosure<br \/>\nto a representation or warranty made herein unless the statements in the<br \/>\nDisclosure Schedule identifies the disclosure with particularity and indicates<br \/>\nthe Section and, if applicable, the Subsection of this Agreement to which such<br \/>\ndisclosure relates; and<\/p>\n<\/p>\n<p>(g) each representation, warranty and covenant herein shall have independent<br \/>\nsignificance so that if any Party has breached any representation, warranty or<br \/>\ncovenant in any respect, the fact that there exists another representation,<br \/>\nwarranty or covenant relating to the same subject matter (regardless of the<br \/>\nrelative levels of specificity) that the Party has not breached shall not<br \/>\ndetract from or mitigate the fact that the Party is in breach of the first<br \/>\nrepresentation, warranty or covenant.<\/p>\n<\/p>\n<p align=\"center\"><strong>ARTICLE 2<\/strong><\/p>\n<p align=\"center\">\n<p align=\"center\"><strong><u>TRANSFER OF ASSETS<\/u><\/strong><\/p>\n<p align=\"center\">\n<p>2.1 <u>Transfer of Assets<\/u><\/p>\n<\/p>\n<p>(a) <u>Transferred Assets<\/u>. At the Closing and subject to the terms and<br \/>\nconditions set forth in this Agreement, Seller shall sell, assign, transfer,<br \/>\nconvey and deliver to Purchaser good and valid title to the Transferred Assets<br \/>\nfree and clear of any and all Liens. For purposes of this Agreement and subject<br \/>\nto <u>Section 2.1(b)<\/u>, &#8220;<u>Transferred Assets<\/u>&#8221; means and includes all of<br \/>\nthe properties, rights, interests and other tangible and intangible assets<br \/>\n(wherever located and whether or not required to be reflected on a balance sheet<br \/>\nprepared in accordance with GAAP), of Seller related to, useful in or necessary<br \/>\nto the Business, other than the Excluded Assets. Without limiting the generality<br \/>\nof the foregoing, the Transferred Assets shall include the following:<\/p>\n<\/p>\n<p>(i) all accounts receivable of the Business and Prepaid Expenses;<\/p>\n<\/p>\n<p>(ii) the Books and Records;<\/p>\n<\/p>\n<p>(iii) the Transferred IP;<\/p>\n<\/p>\n<p>(iv) the Transferred Products, including all Product Software;<\/p>\n<\/p>\n<p>(v) the Tangible Assets;<\/p>\n<\/p>\n<p>(vi) all rights of Seller under the Transferred Contracts;<\/p>\n<\/p>\n<p>(vii) the Transferred Technology;<\/p>\n<\/p>\n<p>(viii) all marketing, promotional, marketing and advertising materials,<br \/>\nbrochures and presentations of the Business, including all advertising and web<br \/>\ncontent;<\/p>\n<\/p>\n<p>(ix) all Trademarks associated with the Business;<\/p>\n<\/p>\n<p>(x) the Sites and all rights thereto;<\/p>\n<\/p>\n<p>(xi) all goodwill associated with the Transferred Products and the Business;\n<\/p>\n<\/p>\n<p>(xii) any other assets, tangible or intangible, or rights of Seller related<br \/>\nto, useful in or necessary to the Business or the Transferred Products,<br \/>\nincluding those assets listed on <u>Schedule 2.1(a)(xii)<\/u>; and<\/p>\n<\/p>\n<p>(xiii) all rights to recover past, present and future damages for the breach,<br \/>\ninfringement or misappropriation, as the case may be, of any of the foregoing,<br \/>\nand all claims and causes of action against third parties related to the<br \/>\nBusiness, including those related to the Transferred Assets.<\/p>\n<\/p>\n<p>(b) <u>Excluded Assets<\/u>. Notwithstanding anything to the contrary, the<br \/>\nTransferred Assets shall not include those assets set forth on <u>Schedule<br \/>\n2.1(b)<\/u> (the &#8220;<u>Excluded Assets<\/u>&#8220;), except to the extent any Technology<br \/>\nor Intellectual Property Rights or other such assets may be related to, useful<br \/>\nin or necessary to the Business or the Transferred Products, in which case they<br \/>\nshall be and remain Transferred Assets. The parties acknowledge and agree that<br \/>\nthe Excluded Assets shall include, and the Transferred Assets shall not include,<br \/>\nthe real property used prior to Closing for Business operations (the<br \/>\n&#8220;<u>Existing Office<\/u>&#8220;), and those personal assets of Seller and the employees<br \/>\nof the Business located in the Existing Office, provided that such assets are<br \/>\nnot related to, useful in or necessary to the Business.<\/p>\n<\/p>\n<p>2.2 <u>Delivery of Transferred Assets<\/u><\/p>\n<\/p>\n<p>(a) At the Closing, Seller shall, at Seller153s sole cost, in the manner and<br \/>\nform, and to the locations, reasonably specified by Purchaser, (i) deliver to<br \/>\nPurchaser or other entity designated by Purchaser, all of the Transferred<br \/>\nAssets, (ii) in the case of the Transferred IP or other intangible assets,<br \/>\ndeliver such instruments as are necessary or desirable to document and to<br \/>\ntransfer title to such assets from Seller to Purchaser in accordance with<br \/>\n<u>Section 2.4<\/u> below, and (iii) deliver to Purchaser fully-executed,<br \/>\ncomplete and accurate originals of all of the Transferred Contracts, or, to the<br \/>\nextent originals are not available, fully-executed, complete and accurate copies<br \/>\nof all of the Transferred Contracts. Without limiting the foregoing, Seller<br \/>\nshall deliver to Purchaser at the Closing, by electronic transmission in a<br \/>\nmanner specified by Purchaser, all Transferred Assets contained in electronic<br \/>\nform, including source code, object code, source documentation and all other<br \/>\nrelated materials for Transferred Assets. For clarification, Purchaser shall<br \/>\nbear the costs associated with preparation, filing and processing of<br \/>\ndocumentation and instructions necessary to transfer the Transferred Assets<br \/>\npursuant to this Agreement, subject to <u>Section 3.8<\/u> below.<\/p>\n<\/p>\n<p>(b) To the extent that Purchaser cannot be granted possession by Seller of<br \/>\ncertain Tangible Assets as of the Closing Date, the transfer of possession will<br \/>\nbe substituted by an agreement that those assets shall be held by Seller for and<br \/>\non behalf of Purchaser until such time as Purchaser is granted possession<br \/>\nthereof. During that period, Seller shall bear all risk of loss with respect to<br \/>\nthose Tangible Assets.<\/p>\n<\/p>\n<p>2.3 <u>Technology Retention<\/u><\/p>\n<\/p>\n<p>Following the Closing, Seller shall not retain copies of any of the Product<br \/>\nSoftware or other Technology included in the Transferred Assets, even if such<br \/>\nTransferred Assets are such that more than one copy may exist. Seller hereby<br \/>\nwaives, solely for the benefit of Purchaser and its subsidiaries and affiliates,<br \/>\nany rights to which Seller is entitled under any employee confidential<br \/>\ninformation and invention assignment agreement or similar Contract or arising<br \/>\nunder applicable law with respect to the subject matter thereof.<\/p>\n<\/p>\n<p>2.4 <u>Collateral Agreements<\/u><\/p>\n<\/p>\n<p>Without limiting the foregoing, at the Closing, Seller shall deliver to<br \/>\nPurchaser, duly executed by Seller: (a) a General Assignment and Bill of Sale<br \/>\nsubstantially in the form of <u>Exhibit D<\/u> hereto; (b) assignments of the<br \/>\nTransferred IP in forms acceptable to Purchaser and otherwise suitable for<br \/>\nfiling in all relevant jurisdictions and governmental offices, including an<br \/>\nassignment of copyright, and trademarks, and patents substantially in the form<br \/>\nof <u>Exhibit E<\/u>; and (c) such other good and sufficient instruments of<br \/>\nconveyance, assignment and transfer, in form and substance acceptable to<br \/>\nPurchaser, as shall be effective to vest in Purchaser good and valid title in<br \/>\nand to the Transferred Assets (the instruments referred to in clauses (a), (b)<br \/>\nand (c) being collectively referred to herein as the &#8220;<u>Collateral<br \/>\nAgreements<\/u>&#8220;).<\/p>\n<\/p>\n<p>2.5 <u>Agreement to Perform Necessary Acts<\/u><\/p>\n<\/p>\n<p>To the extent reasonably necessary, following the Closing and without<br \/>\ndemanding further consideration therefor, Seller shall, and shall use his good<br \/>\nfaith best efforts to cause the Employees and agents (including any named<br \/>\ninventors on any Patents included in the Transferred Assets) of the Business to,<br \/>\nprovide Purchaser with reasonable access to relevant information, to provide<br \/>\nPurchaser with reasonable cooperation and assistance in the enforcement or<br \/>\nprosecution of any Transferred IP and otherwise to execute and deliver such<br \/>\nother instruments and do and perform such other acts and things as may be<br \/>\nreasonably necessary or desirable for effecting completely the consummation of<br \/>\nthe Transactions. Assistance under this <u>Section 2.5<\/u> may include<br \/>\nexecution, acknowledgment and recordation of specific assignments, oaths,<br \/>\ndeclarations and other documents on a jurisdiction-by-jurisdiction and\/or a<br \/>\ncountry-by-country basis and such other instruments of sale, transfer,<br \/>\nconveyance, and assignment as Purchaser or its counsel may reasonably request.\n<\/p>\n<\/p>\n<p>2.6 <u>Assumed Liabilities<\/u><\/p>\n<\/p>\n<p>Upon the terms and subject to the conditions set forth herein, at the<br \/>\nClosing, Purchaser shall assume from Seller (and thereafter pay, perform,<br \/>\ndischarge or otherwise satisfy), the following Liabilities of the Business to<br \/>\nthe extent they arise from and after the Closing Date, and no others<br \/>\n(collectively, the &#8220;<u>Assumed Liabilities<\/u>&#8220;):<\/p>\n<\/p>\n<p>(a) those executory obligations of Seller under the Transferred Contracts, in<br \/>\neach case solely on a going-forward basis from and after the Closing Date;<\/p>\n<\/p>\n<p>(b) warranty and support obligations under the standard terms and conditions<br \/>\nof sale, license and lease set forth in <u>Section 4.22<\/u> of the Disclosure<br \/>\nSchedule for Transferred Products sold by the Business in the ordinary course<br \/>\nprior to Closing. For purposes of clarification, for purposes hereof, warranty<br \/>\nand support obligations shall not be deemed to include any obligations to<br \/>\nprovide returns or refunds to customers;<\/p>\n<\/p>\n<p>(c) the deferred revenue of the Business as of the Closing, notwithstanding<br \/>\nthat Seller has not historically carried deferred revenue on its books; and<\/p>\n<\/p>\n<p>(d) the Liabilities related to the Business specifically identified on<br \/>\n<u>Schedule 2.6(d)<\/u>.<\/p>\n<\/p>\n<\/p>\n<p>The assumption of the Assumed Liabilities by Purchaser hereunder shall not<br \/>\nenlarge any rights of third parties under any contracts or agreements with<br \/>\nPurchaser or Seller or any of their respective affiliates.<\/p>\n<\/p>\n<p>2.7 <u>Excluded Liabilities<\/u><\/p>\n<\/p>\n<p>Except for the Assumed Liabilities, Purchaser shall not assume or be<br \/>\nobligated to pay, perform, discharge or in any way be responsible for any<br \/>\nLiability of Seller, any related or affiliated Person or the Business (the<br \/>\n&#8220;<u>Excluded Liabilities<\/u>&#8220;). Without limiting the foregoing, and<br \/>\nnotwithstanding anything in <u>Section 2.6<\/u> to the contrary, the Assumed<br \/>\nLiabilities will not include and Purchaser will not assume any Liability of<br \/>\nSeller, any related or affiliated Person or the Business with respect to:<\/p>\n<\/p>\n<p>(a) any Liabilities of Seller under this Agreement and any agreement executed<br \/>\npursuant hereto or contemplated hereby;<\/p>\n<\/p>\n<p>(b) other than the Assumed Liabilities, any Liabilities in connection with,<br \/>\nresulting from or arising out of, directly or indirectly, the ownership of the<br \/>\nTransferred Assets or the operation of the Business on or prior to the Closing<br \/>\nDate, including (i) returns or refunds for any products or services sold by<br \/>\nSeller prior to Closing, whether or not related to the Transferred Products;<br \/>\n(iii) royalties or fees due for use or distribution of any products or services<br \/>\nsold by Seller prior to Closing, whether or not related to the Transferred<br \/>\nProducts; (iv) any failure to comply with data collection, e-commerce and<br \/>\nprivacy laws and regulations; and (v) any Liability of Seller or the Business<br \/>\narising out of violations of law, infringement of third party Intellectual<br \/>\nProperty Rights, actions or omissions of Seller or the Business, or breaches of<br \/>\nany agreement, contract, indenture, instrument, guarantee or other similar<br \/>\nagreement occurring on or prior to the Closing;<\/p>\n<\/p>\n<p>(c) any legal, accounting, brokerage, finder153s fees or other expenses, if<br \/>\nany, incurred by Seller or the Business in connection with this Agreement or the<br \/>\nconsummation of the Transactions;<\/p>\n<\/p>\n<p>(d) any Liabilities of Seller or the Business for borrowed money;<\/p>\n<\/p>\n<p>(e) any Liabilities with respect to Taxes of any nature for all periods (or<br \/>\nportions thereof) beginning on or prior to the Closing Date and any Taxes<br \/>\nrecognized or owed as a result of this Agreement or the consummation of the<br \/>\nTransactions;<\/p>\n<\/p>\n<p>(f) any Excluded Employee Liabilities;<\/p>\n<\/p>\n<p>(g) claims for injury to person or property regardless of when made or<br \/>\nasserted, which relate to the products and services sold or delivered by the<br \/>\nBusiness prior to Closing; specifically, and without limiting the generality of<br \/>\nthe foregoing, Purchaser expressly does not assume or agree to pay or be<br \/>\nresponsible for claims, whether foreseeable or unforeseeable, based on successor<br \/>\nliability doctrines conceptualized under such rubrics as the &#8220;product line&#8221;,<br \/>\n&#8220;continuity of enterprise&#8221; or &#8220;de facto merger&#8221; doctrines; and<\/p>\n<\/p>\n<p>(h) any Liability of Seller or the Business with respect to the Excluded<br \/>\nAssets.<\/p>\n<\/p>\n<p>Seller agrees to satisfy all Liabilities with respect to the Excluded<br \/>\nLiabilities whether known at Closing or thereafter determined, as and when due,<br \/>\nand Seller shall indemnify and hold Purchaser harmless therefrom in accordance<br \/>\nwith <u>Section 8.2<\/u>, as set forth herein.<\/p>\n<\/p>\n<p align=\"center\"><strong>ARTICLE 3 <\/strong><\/p>\n<p align=\"center\">\n<p align=\"center\"><strong><u>CLOSING, PURCHASE PRICE AND PAYMENTS<\/u><\/strong>\n<\/p>\n<p align=\"center\">\n<p>3.1 <u>Closing<\/u><\/p>\n<\/p>\n<p>The closing (the &#8220;<u>Closing<\/u>&#8220;) of the sale and purchase of the<br \/>\nTransferred Assets and all other Transactions contemplated to occur at the<br \/>\nClosing shall be deemed to take place at the offices of Seller, at 11:59 p.m.,<br \/>\nlocal time, on the date of this Agreement.<\/p>\n<\/p>\n<p>3.2 <u>Deliveries at Closing<\/u><\/p>\n<\/p>\n<p>In addition to and in accordance with the obligations of Seller set forth<br \/>\nunder <u>ARTICLE 2<\/u>, prior to or at the Closing, Seller shall deliver, or<br \/>\ncause to be delivered, to Purchaser:<\/p>\n<\/p>\n<p>(a) the Transferred Assets (including the Transferred Contracts, if any);<\/p>\n<\/p>\n<p>(b) fully-executed counterparts to the Collateral Agreements;<\/p>\n<\/p>\n<p>(c) copies of the Books and Records, and any filings and other documentation<br \/>\nrelevant to the Transferred Assets;<\/p>\n<\/p>\n<p>(d) fully-executed counterparts to the Escrow Agreement and such other<br \/>\ndocumentation as the Escrow Agent may reasonably request;<\/p>\n<\/p>\n<p>(e) written Consents for each Transferred Contract indicated as requiring<br \/>\nconsent on <u>Schedule 1.1(kkk)<\/u> hereto;<\/p>\n<\/p>\n<p>(f) fully-executed counterparts to the Offer Letters and Purchaser153s standard<br \/>\nEmployment, Confidential Information and Invention Assignment Agreement (in form<br \/>\nand substance satisfactory to Purchaser) and such other documentation as is<br \/>\nrequired by Purchaser153s standard human resources policies, for Seller and each<br \/>\nof the Designated Employees;<\/p>\n<\/p>\n<p>(g) fully-executed counterpart to the Seller Non-Competition and<br \/>\nNon-Solicitation Agreement from Nicholas Skrepetos;<\/p>\n<\/p>\n<p>(h) a fully-executed counterpart to the Employee Non-Competition and<br \/>\nNon-Solicitation Agreement from each of the Designated Employees;<\/p>\n<\/p>\n<p>(i) a certificate executed by Seller setting forth the estimated Assumed<br \/>\nLiabilities set forth on <u>Schedule 2.6(d)<\/u> and estimated Prepaid Expenses,<br \/>\nin each case as of 11:59 p.m., local time on the Closing Date, a draft of which<br \/>\nshall have been delivered to Purchaser not less than three (3) business days<br \/>\nprior to Closing;<\/p>\n<\/p>\n<p>(j) a certificate executed by Seller, certifying as of the date of Closing<br \/>\nthat (i) the representations and warranties of Seller contained in this<br \/>\nAgreement and all Related Agreements to which Seller is a party are true and<br \/>\ncomplete; (ii) Seller has performed all covenants and agreements under this<br \/>\nAgreement and all Related Agreements to which Seller is a party required to be<br \/>\nperformed on or before the Closing Date; and (iii) no material adverse change<br \/>\nshall have occurred with respect to the Business or the Transferred Assets;<\/p>\n<\/p>\n<p>(k) legal opinion from Gleaves Swearingen Potter &amp; Scott LLP, legal<br \/>\ncounsel to Seller, substantially in the form attached hereto as <u>Exhibit<br \/>\nF<\/u>;<\/p>\n<\/p>\n<p>(l) month-to-month lease with minimum six-month availability option to<br \/>\nPurchaser for existing office space, substantially in the form attached hereto<br \/>\nas <u>Exhibit G<\/u>;<\/p>\n<\/p>\n<p>(m) evidence reasonably satisfactory to Purchaser that Seller has obtained,<br \/>\nand the Transferred Assets include, valid licenses for all copies of Microsoft<br \/>\nOffice 2007 and all operating system software used in the Business; and<\/p>\n<\/p>\n<p>(n) such other instruments and documents as shall be reasonably requested by<br \/>\nPurchaser in connection with this Agreement and the consummation of the<br \/>\nTransactions.<\/p>\n<\/p>\n<p>3.3 <u>Purchase Price<\/u><\/p>\n<\/p>\n<p>In consideration of the sale, assignment and transfer of the Transferred<br \/>\nAssets, and subject to the terms and conditions set forth in this Agreement,<br \/>\nincluding <u>Section 3.5<\/u> below, Purchaser will pay an amount (the<br \/>\n&#8220;<u>Purchase Price<\/u>&#8220;) equal to (x) Eight Million Five Hundred Thousand<br \/>\nDollars ($8,500,000), less (y) the Actual Purchase Price Adjustment. In<br \/>\naddition, Purchaser shall assume the Assumed Liabilities. Purchaser shall have<br \/>\nno obligation to pay the Purchase Price or any other amount in the event the<br \/>\nClosing does not occur.<\/p>\n<\/p>\n<p>3.4 <u>Payment of Purchase Price<\/u><\/p>\n<\/p>\n<p>(a) At the Closing, Purchaser shall (i) on behalf of Seller, deposit with the<br \/>\nEscrow Agent a portion of the Purchase Price equal to One Million Dollars<br \/>\n($1,000,000) (the &#8220;<u>Escrow Payment<\/u>&#8220;); and (ii) pay to Seller by wire<br \/>\ntransfer, in cash, a portion of the estimated remaining amount of the Purchase<br \/>\nPrice equal to Seven Million Five Hundred Thousand Dollars ($7,500,000), less<br \/>\n(x) the Estimated Purchase Price Adjustment, less (y) $7,500 (the &#8220;<u>Holdback<br \/>\nAmount<\/u>&#8220;), in accordance with the wire transfer instructions set forth on<br \/>\n<u>Schedule 3.4<\/u>.<\/p>\n<\/p>\n<p>(b) Within the later of thirty (30) days following the Closing Date, and ten<br \/>\n(10) business days following the receipt by Purchaser of the final calculations<br \/>\nof the Assumed Liabilities set forth on <u>Schedule 2.6(d)<\/u> and Prepaid<br \/>\nExpenses pursuant to <u>Section 7.3<\/u>, Purchaser shall pay to Seller by wire<br \/>\ntransfer, in cash: (i) if the Actual Purchase Price Adjustment is less than or<br \/>\nequal to the Estimated Purchase Price Adjustment, an amount equal to the<br \/>\nHoldback Amount; and (ii) if the Actual Purchase Price Adjustment is greater<br \/>\nthan the Estimated Purchase Price Adjustment, an amount (not less than zero)<br \/>\nequal to the Holdback Amount, less the difference between the Actual Purchase<br \/>\nPrice Adjustment and the Estimated Purchase Price Adjustment.<\/p>\n<\/p>\n<p>3.5 <u>Escrow Fund and Escrow Agreement<\/u><\/p>\n<\/p>\n<p>(a) The Escrow Payment, together with any accrued interest, will constitute<br \/>\nan escrow fund (the &#8220;<u>Escrow Fund<\/u>&#8220;) and will be governed by the terms set<br \/>\nforth in <u>ARTICLE 8<\/u> hereof and the Escrow Agreement. The Escrow Fund shall<br \/>\nbe available to compensate Purchaser for Losses incurred by the Indemnified<br \/>\nParties pursuant to the indemnification provisions set forth in <u>ARTICLE 8<\/u><br \/>\nhereof.<\/p>\n<\/p>\n<p>(b) In addition, pursuant to this <u>Section 3.5(b)<\/u>, the Escrow Fund<br \/>\nshall be available to compensate Purchaser in the event of the failure of the<br \/>\nBusiness to achieve each of those four milestones set forth on <u>Schedule<br \/>\n3.5<\/u> hereto (each, a &#8220;<u>Milestone<\/u>&#8221; and collectively, the<br \/>\n&#8220;<u>Milestones<\/u>&#8220;). If any of the Milestones are not achieved by the<br \/>\napplicable dates referenced in <u>Schedule 3.5<\/u> as determined in good faith<br \/>\nby the Board of Directors of Purchaser, Purchaser may deliver a notice (the<br \/>\n&#8220;<u>Milestone Notice<\/u>&#8220;) to Seller and the Escrow Agent at any time within<br \/>\nthirty (30) days of the expiration of the eighteen-month period following the<br \/>\nClosing Date, requesting that a portion of the Escrow Fund (the &#8220;<u>Milestone<br \/>\nAdjustment Amount<\/u>&#8220;) be delivered from the Escrow Fund to Purchaser. The<br \/>\nMilestone Adjustment Amount shall be equal to Two Hundred Fifty Thousand Dollars<br \/>\n($250,000) multiplied by the number of Milestones that have not been achieved by<br \/>\nthe time required, up to a total amount equal to the Escrow Payment. Seller may<br \/>\nobject to such request by delivering written notice to Purchaser and the Escrow<br \/>\nAgent, specifying the basis for such objection within thirty (30) days following<br \/>\nreceipt by Seller of the Milestone Notice. If no such objection is made within<br \/>\nsuch 30-day period, the Escrow Agent shall deliver the Milestone Adjustment<br \/>\nAmount to Purchaser without any further action by any party. If Seller objects<br \/>\nwithin such 30-day period, the parties shall resolve such request and objection<br \/>\npursuant to the procedures set forth in Section 8.5 as if the notice constituted<br \/>\nan Officer153s Certificate thereunder. Any Milestone Adjustment Amount paid to<br \/>\nPurchaser shall be deemed an adjustment of the Purchase Price for all purposes.<br \/>\nIn addition, if Seller believes that a Milestone has been achieved by the<br \/>\napplicable date, Seller may deliver to Purchaser a written notice of completion<br \/>\n(the &#8220;<u>Milestone Completion Notice<\/u>&#8220;) describing the Milestone and setting<br \/>\nforth in reasonable detail the factual basis for Seller153s belief that the<br \/>\nMilestone has been achieved. Purchaser shall have a period of not more than<br \/>\nthirty (30) business days from receipt of the Milestone Completion Notice to<br \/>\nreject the Milestone Completion Notice by delivering to Seller a written<br \/>\nrejection setting forth in reasonable detail the factual basis for Purchaser153s<br \/>\nbelief that the Milestone has not been achieved. If no such rejection is made<br \/>\nwithin such thirty (30) day period, the Milestone shall be for all purposes of<br \/>\nthis Agreement deemed achieved. If Purchaser rejects the Milestone Completion<br \/>\nNotice within such thirty (30) day period, Seller may elect to withdraw the<br \/>\nMilestone Completion Notice and subsequently provide a replacement Milestone<br \/>\nCompletion Notice after addressing Purchaser153s basis for rejection, or, if<br \/>\nSeller does not so elect, the parties shall resolve such request and objection<br \/>\npursuant to the procedures set forth in <u>Section 8.5<\/u> as if the notice<br \/>\nconstituted an Officer153s Certificate thereunder. For purposes of clarification,<br \/>\nnone of the Escrow Fund shall be released to Seller upon the completion of any<br \/>\nMilestone prior to the Escrow Period Termination (as defined in the Escrow<br \/>\nAgreement), and the Escrow Fund shall remain available for purposes of<br \/>\nindemnification until such time pursuant to the terms hereof and the Escrow<br \/>\nAgreement.<\/p>\n<\/p>\n<p>3.6 <u>Allocation of Purchase Price<\/u><\/p>\n<\/p>\n<p>Not later than 90 days following the Closing, Purchaser shall provide Seller<br \/>\nwith an allocation of the Purchase Price (the &#8220;<u>Allocation<\/u>&#8220;). Such<br \/>\nAllocation shall be prepared in accordance with Section 1060 of the Code, or any<br \/>\nsuccessor thereto, and the regulations promulgated thereunder. The Allocation<br \/>\nshall be conclusive and binding upon the Parties for all tax purposes, and the<br \/>\nParties agree that all returns and reports (including IRS Form 8594) shall be<br \/>\nprepared in a manner consistent with (and the Parties shall not otherwise file a<br \/>\ntax return position inconsistent with) the Allocation unless required by the IRS<br \/>\nor any other applicable taxing authority.<\/p>\n<\/p>\n<p>3.7 <u>Transfer Taxes<\/u><\/p>\n<\/p>\n<p>All sales, use, value-added, gross receipts, excise, registration, stamp<br \/>\nduty, transfer, documentary or other similar taxes or governmental fees<br \/>\n(&#8220;<u>Transfer Taxes<\/u>&#8220;) imposed or levied against Seller or the Business by<br \/>\nreason of, in connection with or attributable to this Agreement and the<br \/>\nTransactions shall be borne solely by Seller.<\/p>\n<\/p>\n<p>3.8 <u>Expenses<\/u><\/p>\n<\/p>\n<p>Except as otherwise provided herein, each Party shall be solely responsible<br \/>\nfor its own costs and expenses (including those of its employees and attorneys153<br \/>\nand other advisors153 fees) incurred in negotiating and consummating the<br \/>\nTransactions.<\/p>\n<\/p>\n<p>3.9 <u>Withholding Taxes<\/u><\/p>\n<\/p>\n<p>Notwithstanding any other provision in this Agreement, Purchaser shall have<br \/>\nthe right to deduct and withhold Taxes from any payments to be made hereunder if<br \/>\nsuch withholding is required by law and to request any necessary Tax forms,<br \/>\nincluding Form W-9 or the appropriate series of Form W-8, as applicable, or any<br \/>\nsimilar information, from the direct or indirect recipients of payments<br \/>\nhereunder. To the extent that amounts are so withheld, such withheld amounts<br \/>\nshall be treated for all purposes of this Agreement as having been delivered and<br \/>\npaid to the recipient of the payment in respect of which such deduction and<br \/>\nwithholding was made. The foregoing notwithstanding, Purchaser shall withhold no<br \/>\nportion of the Purchase Price pursuant to this Section 3.9, unless required by<br \/>\napplicable Legal Requirements.<\/p>\n<\/p>\n<p align=\"center\"><strong>ARTICLE 4<\/strong><\/p>\n<p align=\"center\">\n<p align=\"center\"><strong><u>REPRESENTATIONS AND WARRANTIES OF<br \/>\nSELLER<\/u><\/strong><\/p>\n<p align=\"center\">\n<p>Seller represents and warrants to Purchaser, as qualified by such exceptions<br \/>\nas are specifically set forth in the Disclosure Schedule (referencing the<br \/>\nappropriate Section and paragraph numbers), as follows:<\/p>\n<\/p>\n<p>4.1 <u>Qualification; Subsidiaries<\/u><\/p>\n<\/p>\n<p>(a) The Business is duly qualified or licensed to do business, to perform its<br \/>\nobligations under all Contracts by which it is bound and is in good standing in<br \/>\neach jurisdiction where the character of the properties owned, leased or<br \/>\noperated by it or the nature of its activities makes such qualification or<br \/>\nlicensing necessary. <u>Section 4.1(a)<\/u> of the Disclosure Schedule lists each<br \/>\njurisdiction in which the Business is qualified to do business.<\/p>\n<\/p>\n<p>(b) The operations of the Business have not now and have never been conducted<br \/>\nunder any name other than SUPERAntiSpyware.com153 and SUPERAdBlocker.com.153<\/p>\n<\/p>\n<p>(c) Neither Seller nor the Business owns or controls, directly or indirectly,<br \/>\nany interest in any corporation, association or other business entity<br \/>\n(excluding, however: (i) any passive investment in less than 1% of the<br \/>\noutstanding shares of the capital stock of a publicly traded corporation that is<br \/>\nengaged in a Competing Business Purpose, provided that Seller is not otherwise<br \/>\nassociated with such corporation; and (ii) a passive investment in shares of the<br \/>\ncapital stock of a corporation, or other interest of a business entity, that is<br \/>\nnot engaged in a Competing Business Purpose and is not associated with any<br \/>\nentity engaged in a Competing Business Purpose). The Business is not a<br \/>\nparticipant in any joint venture, partnership or other arrangement involving<br \/>\njoint ownership of assets and sharing of profits.<\/p>\n<\/p>\n<p>4.2 <u>Authorization of Transactions<\/u><\/p>\n<\/p>\n<p>Seller has all requisite power and authority to enter into this Agreement,<br \/>\nthe Escrow Agreement, the Collateral Agreements and any related agreements to<br \/>\nwhich he is a party and to consummate the Transactions. No further actions are<br \/>\nrequired on the part of Seller to authorize this Agreement, the Escrow Agreement<br \/>\nor the Collateral Agreements or any related agreements to which he is a party or<br \/>\nto consummate the Transactions. Seller does not need the approval of any other<br \/>\nPerson to approve this Agreement or the transactions contemplated hereby. This<br \/>\nAgreement, the Escrow Agreement, the Collateral Agreements and any related<br \/>\nagreements to which Seller is a party have been duly executed and delivered by<br \/>\nSeller and constitutes the valid and binding obligation of Seller, enforceable<br \/>\nin accordance with their terms, except as such enforceability may be subject to<br \/>\nthe laws of general application relating to bankruptcy, insolvency and the<br \/>\nrelief of debtors and rules of law governing specific performance, injunctive<br \/>\nrelief or other equitable remedies.<\/p>\n<\/p>\n<p>4.3 <u>Noncontravention<\/u><\/p>\n<\/p>\n<p>The execution and delivery of this Agreement, the Escrow Agreement, the<br \/>\nCollateral Agreements and any related agreement by Seller does not, and the<br \/>\nperformance of this Agreement, the Escrow Agreement, the Collateral Agreements<br \/>\nand any related agreement by Seller will not, (a) conflict with or violate any<br \/>\nlaw, rule, regulation, order, judgment or decree applicable to Seller or the<br \/>\nBusiness or by which any of the properties of the Business is bound or affected,<br \/>\nor (b) result in any breach of or constitute a default (or an event that with<br \/>\nnotice or lapse of time or both would become a default) under, or impair the<br \/>\nrights of Seller or the Business or alter the rights or obligations of any third<br \/>\nparty under, or give to others any rights of termination, amendment,<br \/>\nacceleration or cancellation of, or result in the creation of a Lien on any of<br \/>\nthe Transferred Assets pursuant to, any Contract or other obligation to which<br \/>\nSeller is a party or by which the Business or the Transferred Assets are bound<br \/>\nor affected.<\/p>\n<\/p>\n<p>4.4 <u>Consents<\/u><\/p>\n<\/p>\n<p>No Consent of any Governmental Entity or any third party is required by<br \/>\nSeller or the Business in connection with the execution and delivery of this<br \/>\nAgreement or any related agreements or the consummation of the Transactions,<br \/>\nexcept for those Transferred Contracts specifically noted as requiring consent<br \/>\non <u>Schedule 1.1(kkk)<\/u> hereto.<\/p>\n<\/p>\n<p>4.5 <u>Ownership of the Business<\/u><\/p>\n<\/p>\n<p>Seller is the sole owner of the Business, including the Transferred Assets.<br \/>\nNo Person other than Seller has any right to the revenue or profits, or is<br \/>\nliable for the debts, obligations and expenses, of the Business. For the<br \/>\navoidance of doubt, and without limiting the foregoing, Seller153s spouse has no<br \/>\ndirect or indirect legal or equitable ownership interest in the Business,<br \/>\nincluding the Transferred Assets, whether by virtue of an express ownership or<br \/>\nfinancial interest or by virtue of her marital relationship with Seller.<\/p>\n<\/p>\n<p>4.6 <u>Financial Information<\/u><\/p>\n<\/p>\n<p>(a) <u>Section 4.6<\/u> of the Disclosure Schedule sets forth the following<br \/>\nunaudited financial information: (i) sales bookings by month for the 2010<br \/>\ncalendar year and for the interim period beginning January 1, 2011 and ending<br \/>\nJune 13, 2011; (ii) the accounts receivable, prepaid expenses and accrued<br \/>\nliabilities of the Business as of June 13, 2011; and (iii) a profit and loss<br \/>\nstatement for the Business by month for the 2010 calendar year, prepared on the<br \/>\ncash basis (together, the &#8220;<u>Business Financial Data<\/u>&#8220;). The Business<br \/>\nFinancial Data (i) are true and correct in all material respects and have been<br \/>\nprepared on a consistent basis throughout the periods indicated and consistent<br \/>\nwith each other, and (ii) present fairly the financial condition of the Business<br \/>\ninsofar as may be presented by such data, as of the dates and during the periods<br \/>\nindicated therein.<\/p>\n<\/p>\n<p>(b) The Business has no Liability of any type, whether accrued, absolute,<br \/>\ncontingent, matured, unmatured or other, except Liabilities which individually<br \/>\nor in the aggregate (i) have been set forth in <u>Section 4.6<\/u> of the<br \/>\nDisclosure Schedule, or (ii) are executory obligations arising in the ordinary<br \/>\ncourse of business (and not as a result of the breach of any Contract identified<br \/>\nin the Disclosure Schedule).<\/p>\n<\/p>\n<p>4.7 <u>Restrictions on Transactions or Business Activities<\/u><\/p>\n<\/p>\n<p>There is no agreement (noncompetition, field of use, most favored nation or<br \/>\notherwise), commitment, judgment, injunction, order or decree to which Seller is<br \/>\na party or which is otherwise binding upon Seller or relates to the Business or<br \/>\nthe Transferred Assets which has or reasonably could be expected to have the<br \/>\neffect of prohibiting or impairing (a) any practice of the Business, (b) any<br \/>\nacquisition of property (tangible or intangible) by Purchaser in connection with<br \/>\nthe operation of the Business or the Transferred Assets, (c) the conduct of the<br \/>\nBusiness or (d) the Transactions. Without limiting the foregoing, Seller has not<br \/>\nentered into any agreement under which the operations of the Business are<br \/>\nrestricted or which places any restrictions upon Seller with respect to selling,<br \/>\nlicensing or otherwise using or distributing any of the Transferred Products or<br \/>\nthe Transferred Technology to or providing services to, customers or potential<br \/>\ncustomers or any class of customers, in any geographic area, during any period<br \/>\nof time or in any segment of the market.<\/p>\n<\/p>\n<p>4.8 <u>Title of Properties; Absence of Liens and Encumbrances; Condition<\/u>\n<\/p>\n<\/p>\n<p>Seller has good and valid title to all of the Transferred Assets, and the<br \/>\npower to sell, assign and transfer the Transferred Assets free and clear of any<br \/>\nLiens. At the Closing, Purchaser will obtain good and valid title to the<br \/>\nTransferred Assets, free and clear of all Liens. The Tangible Assets are in good<br \/>\ncondition and repair, subject to normal wear and tear. After the Closing,<br \/>\nPurchaser shall be able to use the Transferred Assets and exercise, and enjoy<br \/>\nthe benefits of, the Transferred Assets in substantially the same manner as<br \/>\nSeller prior to the Closing without infringing the rights of any third party.<br \/>\nThe Transferred Assets are usable for their intended purposes, are free from<br \/>\ndefects and conform in all material respects to all applicable statutes,<br \/>\nordinances and regulations relating to their development, use and operation.<\/p>\n<\/p>\n<p>4.9 <u>Intellectual Property<\/u><\/p>\n<\/p>\n<p>(a) <u>Section 4.9(a)<\/u> of the Disclosure Schedule lists all Transferred IP<br \/>\nthat is Registered IP. All such Registered IP is currently in compliance with<br \/>\nformal Legal Requirements (including payment of filing, examination and<br \/>\nmaintenance fees and proofs of use), is valid and enforceable, and is not<br \/>\nsubject to any unpaid maintenance fees or taxes or actions falling due within<br \/>\nninety (90) days after the Closing Date. There are no proceedings or actions<br \/>\nKnown to Seller before any court, tribunal (including the United States Patent<br \/>\nand Trademark Office or equivalent authority anywhere in the world) related to<br \/>\nany such Registered IP. Seller has not claimed any status in the application for<br \/>\nor registration of any Registered IP, including &#8220;small business status,&#8221; that<br \/>\nwould not be applicable to Purchaser.<\/p>\n<\/p>\n<p>(b) All schedules attached to this Agreement and listing or describing the<br \/>\nTransferred Products, the Transferred IP and the Transferred Technology are<br \/>\ncomplete and accurate.<\/p>\n<\/p>\n<p>(c) The Transferred IP constitutes all of the Intellectual Property Rights<br \/>\nthat are used in or necessary for the current or reasonably anticipated<br \/>\ncontinued operation of the Business or use of the Transferred Assets and for<br \/>\nPurchaser to sell, market, modify, develop, license, service, support, and<br \/>\nmaintain the Transferred Products after Closing. The Transferred Technology<br \/>\nconstitutes all of the Technology related to, used in or necessary for the<br \/>\ncurrent or reasonably anticipated continued operation of the Business or use of<br \/>\nthe Transferred Assets, and for Purchaser to sell, market, modify, develop,<br \/>\nlicense, support, service and maintain the Transferred Products after Closing.\n<\/p>\n<\/p>\n<p>(d) Seller does not own or have any interest in any Patents or other<br \/>\nRegistered IP other than the Patents and other Registered IP included in the<br \/>\nTransferred Assets. None of the Patents included in the Transferred Assets, or<br \/>\nany Patents related thereto, are subject to a terminal disclaimer.<\/p>\n<\/p>\n<p>(e) Each item of the Transferred Products, Product Software, Transferred IP<br \/>\nand Transferred Technology is free and clear of any Liens and any other<br \/>\nencumbrances. Seller owns exclusively, and has good and marketable title to, all<br \/>\nworks of authorship and all associated copyrights that are used or embodied in,<br \/>\nand all other Intellectual Property Rights in and to, the Transferred<br \/>\nTechnology, and no other Person has any other rights thereto. All Transferred<br \/>\nAssets shall be fully transferable and alienable by Purchaser.<\/p>\n<\/p>\n<p>(f) To the extent that any Transferred IP, Transferred Products, Product<br \/>\nSoftware or item of Transferred Technology was originally owned or created by or<br \/>\nfor any third party, including any Employee: (i) Seller has a written agreement<br \/>\nwith such third party or parties with respect thereto, pursuant to which Seller<br \/>\nhas obtained complete, unencumbered and unrestricted ownership and is the<br \/>\nexclusive owner of, all such Transferred Products, Transferred Technology,<br \/>\nProduct Software and Intellectual Property Rights by valid assignment or<br \/>\notherwise and has requested the waiver of all non-assignable rights, including<br \/>\nall moral rights; (ii) the transfers from Seller to Purchaser hereunder do not<br \/>\nviolate such third-party agreements; (iii) such third parties have not retained<br \/>\nand do not have any rights or licenses with respect to the Transferred IP,<br \/>\nTransferred Products, Product Software or Transferred Technology; and (iv) no<br \/>\nbasis exists for any third party to challenge or object to the Transactions. No<br \/>\nthird party who has licensed any Intellectual Property Rights to Seller has<br \/>\nownership rights or license rights to modifications or improvements made by<br \/>\nSeller in the technology embodying such Intellectual Property Rights.<\/p>\n<\/p>\n<p>(g) No Transferred Asset is subject to any proceeding or outstanding decree,<br \/>\norder, judgment, agreement or stipulation that restricts in any manner the use,<br \/>\ntransfer or licensing thereof or that may affect the validity, use or<br \/>\nenforceability of the Transferred Assets.<\/p>\n<\/p>\n<p>(h) <u>Section 4.9(h)<\/u> of the Disclosure Schedule lists all software or<br \/>\nother material that is distributed as &#8220;free software&#8221;, &#8220;open source software&#8221; or<br \/>\nunder a similar licensing or distribution model (including the GNU General<br \/>\nPublic License (GPL), GNU Lesser General Public License (LGPL), Mozilla Public<br \/>\nLicense (MPL), BSD license, the Artistic License, the Netscape Public License,<br \/>\nthe Sun Community Source License (SCSL) the Sun Industry Standards License<br \/>\n(SISL) and the Apache License) (collectively, &#8220;<u>Open Source Materials<\/u>&#8220;)<br \/>\nand that has been used by or incorporated into any Transferred Product, Product<br \/>\nSoftware or Transferred Technology in any way and describes the manner in which<br \/>\nsuch Open Source Materials were used or incorporated (such description shall<br \/>\ninclude whether (and, if so, how) the Open Source Materials were modified and\/or<br \/>\ndistributed by Seller). Seller has not used Open Source Materials in any manner<br \/>\nthat would or could (i) require the disclosure or distribution in source code<br \/>\nform of any Transferred Product, Product Software or Transferred Technology,<br \/>\n(ii) require the licensing of any Transferred Product, Product Software or<br \/>\nTransferred Technology for the purpose of making derivative works, (iii) impose<br \/>\nany restriction on the consideration to be charged for the distribution of any<br \/>\nTransferred Product, Product Software or Transferred Technology, (iv) create, or<br \/>\npurport to create, obligations for Seller (or any successor) with respect to<br \/>\nIntellectual Property Rights owned by or purported to be owned by Seller or<br \/>\ngrant, or purport to grant, to any third party, any rights or immunities under<br \/>\nIntellectual Property Rights owned by or purported to be owned by Seller, or (v)<br \/>\nimpose any other limitation, restriction, or condition on the right of Seller to<br \/>\nuse or distribute any Transferred Product, Product Software or Transferred<br \/>\nTechnology. With respect to any Open Source Materials that are or have been used<br \/>\nby Seller in any way, Seller has been and is in compliance with all applicable<br \/>\nlicenses with respect thereto.<\/p>\n<\/p>\n<p>(i) Neither this Agreement nor the Transactions, including the assignment to<br \/>\nPurchaser, by operation of law or otherwise, of any Contracts to which Seller is<br \/>\na party, will result in (i) Purchaser granting to any third party any right to<br \/>\nor with respect to any Technology or Intellectual Property Rights owned by<br \/>\nPurchaser, (ii) Purchaser being bound by, or subject to, any non-compete or<br \/>\nother restriction on the operation or scope of its businesses, or (iii)<br \/>\nPurchaser being obligated to pay any royalties or other amounts to any third<br \/>\nparty.<\/p>\n<\/p>\n<p>(j) <u>Section 4.9(j)<\/u> of the Disclosure Schedule lists all Contracts to<br \/>\nwhich Seller is a party (i) related to the licensing or acquisition of any third<br \/>\nparty Intellectual Property Rights or Technology related to or used in the<br \/>\nBusiness or incorporated into the Transferred Products, Product Software or<br \/>\nTransferred Technology, or (ii) related to the licensing or sale of any<br \/>\nTransferred IP other than non-exclusive object code-only licenses granted by<br \/>\nSeller in the ordinary course pursuant to Seller153s standard form of license<br \/>\nagreement attached to <u>Section 4.9(j)<\/u> of the Disclosure Schedule. Seller<br \/>\nis not required to make or accrue any royalty or other payment to any third<br \/>\nparty in connection with the Business or any of the Transferred Assets.<\/p>\n<\/p>\n<p>(k) No third party possesses any copy of any source code for any Product<br \/>\nSoftware or other Software included in the Transferred Assets. As of the<br \/>\nClosing, Seller will have delivered to Purchaser, and Seller will not have<br \/>\nretained any copy of any source code for any Product Software or other Software<br \/>\nincluded in the Transferred Assets.<\/p>\n<\/p>\n<p>(l) Seller has taken all reasonable steps to protect Seller153s rights in the<br \/>\nconfidential information and trade secrets associated with, related to or<br \/>\nincluded in the Transferred Assets. To the Knowledge of Seller, no Person is<br \/>\ninfringing or misappropriating the Transferred IP, Transferred Technology,<br \/>\nTransferred Products or Product Software.<\/p>\n<\/p>\n<p>(m) Seller has and enforces a policy requiring each Employee to execute a<br \/>\nproprietary rights and confidentiality agreement substantially in the form set<br \/>\nforth in <u>Section 4.9(m)<\/u> of the Disclosure Schedule. All Employees have<br \/>\nexecuted such an agreement assigning all of such Employees153 rights in and to the<br \/>\nTransferred Technology and the Transferred IP to Seller. The Transferred Assets<br \/>\ndo not include any inventions of any of the Employees made prior to their<br \/>\nemployment by the Business.<\/p>\n<\/p>\n<p>(n) The Transferred Products, the Product Software, and any other Technology<br \/>\nor Software included in the Transferred Assets prior to the Closing Date, did<br \/>\nnot, do not, and will not (i) infringe or misappropriate the Intellectual<br \/>\nProperty Rights of any other Person, (ii) violate the rights of any other Person<br \/>\n(including rights to privacy or publicity), or (iii) constitute unfair<br \/>\ncompetition or trade practices under the laws of any jurisdiction.<\/p>\n<\/p>\n<p>(o) Seller has not received notice from any Person claiming that the<br \/>\nTransferred Assets infringe, misappropriate or violate the Intellectual Property<br \/>\nRights or other rights of any Person or constitute unfair competition or trade<br \/>\npractices under the laws of any jurisdiction (nor does Seller have Knowledge of<br \/>\nany basis therefor).<\/p>\n<\/p>\n<p>(p) There are no Contracts between Seller and any other Person with respect<br \/>\nto Transferred IP or the Transferred Assets under which there is any dispute or<br \/>\nany threatened dispute regarding the scope of such Contract or performance under<br \/>\nsuch Contract.<\/p>\n<\/p>\n<p>(q) To the extent that Seller has distributed or licensed any Transferred<br \/>\nProduct to an end user pursuant to any form of encryption key: (i) Seller has a<br \/>\nwritten agreement with each such end user requiring such end user to protect the<br \/>\nconfidentiality of such key; (ii) Seller has delivered to Purchaser a true and<br \/>\ncomplete list of all third parties who have had access to any such keys; (iii)<br \/>\nno third party has had access to any such keys, except pursuant to clause (i)<br \/>\nabove; and (iv) Seller has delivered to Purchaser any such keys and the<br \/>\nTechnology to generate such keys and has not retained any such keys or such<br \/>\nTechnology.<\/p>\n<\/p>\n<p>(r) Seller has disclosed in writing to Purchaser all information relating to<br \/>\nany bugs, non-conformities or other problem or issue with respect to any of the<br \/>\nProduct Software, Transferred Products or Transferred Technology that does, or<br \/>\nmay reasonably be expected to, adversely affect the value, functionality or<br \/>\nfitness for the intended purpose of that Product Software, Transferred Product<br \/>\nor Transferred Technology. Without limiting the foregoing, there have been, and<br \/>\nare, no claims asserted against Seller related to the Transferred Products (or<br \/>\nany other product, Technology or service of Seller).<\/p>\n<\/p>\n<p>(s) Seller has taken reasonable steps and implemented reasonable procedures<br \/>\n(based on standard industry practices) to ensure that the Transferred Products<br \/>\nand the Product Software are free from viruses and other disabling codes.<\/p>\n<\/p>\n<p>(t) <u>Section 4.9(t)<\/u> of the Disclosure Schedule contains a true and<br \/>\ncomplete description of the current and any prior privacy policy(ies) of the<br \/>\nBusiness related to &#8220;<u>Personally Identifiable Information<\/u>&#8221; or<br \/>\n&#8220;<u>PII<\/u>&#8221; (collectively, &#8220;<u>Privacy Policies<\/u>&#8220;) concerning any<br \/>\nindividual, including but not limited to current, former or potential customers,<br \/>\nemployees, or agents. &#8220;<u>Personally Identifiable Information<\/u>&#8221; or<br \/>\n&#8220;<u>PII<\/u>&#8221; means any information that alone or in combination with other<br \/>\ninformation held by the Business, whether obtained online or offline, can be<br \/>\nused to specifically identify a person.<\/p>\n<\/p>\n<p>(u) The Privacy Policies and all other representations, marketing materials,<br \/>\nand advertisements that address privacy issues and the treatment of PII,<br \/>\naccurately and completely describe the information practices of the Business in<br \/>\nregard to PII that it collects, maintains, controls, stores, accesses,<br \/>\ntransfers, processes, uses or discloses (collectively, &#8220;<u>Processing<\/u>&#8220;). The<br \/>\nBusiness has complied with the Privacy Policies, all applicable laws,<br \/>\nregulations, Contracts and other obligations related to processing of PII. The<br \/>\nBusiness has given all notices, made all disclosures, and obtained all necessary<br \/>\nconsents related to Processing of PII required by the Privacy Policies,<br \/>\napplicable laws, regulations and Contracts and no such notices, disclosures or<br \/>\nconsent requests have been inaccurate, misleading or deceptive. The Business has<br \/>\nnot collected any information online from children who it knows or has reason to<br \/>\nknow are under the age of 13 without verifiable parental consent or directed any<br \/>\nof its Sites153 content to children under the age of 13 through which such<br \/>\ninformation could be obtained.<\/p>\n<\/p>\n<p>(v) The Business has stored and maintained PII in a secure manner, using<br \/>\ncommercially reasonable physical, administrative and technical measures to<br \/>\nassure the integrity and security of the data and to prevent loss, alteration,<br \/>\ncorruption, misuse and unauthorized access to PII. All electronic or paper-based<br \/>\nrecords containing PII that the Business has sought to dispose of in the<br \/>\nordinary course of business have been destroyed or otherwise rendered<br \/>\nunretrievable or unusable. All third party access to PII has been subject to<br \/>\nconfidentiality requirements. There has been no unauthorized access to,<br \/>\nacquisition of, or disclosure of PII.<\/p>\n<\/p>\n<p>(w) The transfer of PII under this Agreement complies with all applicable<br \/>\nlaws and regulations relating to such transfer and with the Privacy Policies,<br \/>\nContracts and other obligations in regard to PII.<\/p>\n<\/p>\n<p>(x) Seller has not received any claims, notices or complaints regarding the<br \/>\ninformation practices and Processing of PII of the Business. <u>Section<br \/>\n4.9(x)<\/u> of the Disclosure Schedule sets forth the privacy seal program<br \/>\n(<u>e.g.<\/u>, TRUSTe, BBBOnline) in which the Business or the Sites is a member;<br \/>\nif any of them are a member of any such seal program, the Business and\/or the<br \/>\nSites, as applicable, are in compliance with the requirements of such program.\n<\/p>\n<\/p>\n<p>(y) The Business has completely and accurately described in the Privacy<br \/>\nPolicies, Contracts and other materials the use of cookies, web beacons and<br \/>\nother online tracking resources of the Business. The Business does not use such<br \/>\nresources to collect PII without obtaining the express consent of all<br \/>\nindividuals to whom such PII relates.<\/p>\n<\/p>\n<p>(z) The Business153 Processing of PII complies with the then-current version of<br \/>\nthe Payment Card Industry Data Security Standard.<\/p>\n<\/p>\n<p>4.10 <u>Brokers153 and Finders153 Fees<\/u><\/p>\n<\/p>\n<p>Seller has not incurred, nor will Seller incur, directly or indirectly, any<br \/>\nliability for brokerage or finders153 fees or agents153 commissions or investment<br \/>\nbankers153 fees or any similar charges in connection with this Agreement or the<br \/>\nTransactions.<\/p>\n<\/p>\n<p>4.11 <u>Transferred Contracts<\/u><\/p>\n<\/p>\n<p>The Transferred Contracts are all of the Contracts between Seller and any<br \/>\nthird party related to, or necessary for, the operation of the Business and the<br \/>\nTransferred Assets, and true and complete copies of all such Contracts have been<br \/>\ndelivered to Purchaser. Each Transferred Contract is in full force and effect<br \/>\nand Seller is not subject to any default thereunder, nor is any party obligated<br \/>\nto Seller pursuant to any such Transferred Contract subject to any default<br \/>\nthereunder. Seller has not breached, violated or defaulted under, nor received<br \/>\nnotice that they have breached, violated or defaulted under, any of the terms or<br \/>\nconditions of any Transferred Contract. Seller has obtained all necessary<br \/>\nconsents, waivers and approvals of parties to any Transferred Contract as are<br \/>\nrequired thereunder in connection with the Closing, or for any such Transferred<br \/>\nContract to remain in full force and effect without limitation, modification or<br \/>\nalteration after the Closing. Following the Closing, Purchaser will be permitted<br \/>\nto exercise all of the rights Seller had under the Transferred Contracts without<br \/>\nthe payment of any additional amounts or consideration.<\/p>\n<\/p>\n<p>4.12 <u>Complete Copies of Materials<\/u><\/p>\n<\/p>\n<p>Seller has Seller has delivered true and complete copies of (i) all Tax<br \/>\nReturns filed with any taxing authority since January 1, 2009, including federal<br \/>\nincome Tax Returns for tax years 2008 and 2009, and the extension filed for the<br \/>\n2010 tax year; (ii) bank statements of the Business for the 2010 calendar year<br \/>\nand for the periods beginning on or after January 1, 2011 and ending on or prior<br \/>\nto May 16, 2011; and (iii) each other existing document that has been requested<br \/>\nin writing by Purchaser or its counsel.<\/p>\n<\/p>\n<p>4.13 <u>Transferred Assets<\/u><\/p>\n<\/p>\n<p>The Transferred Assets comprise all of the tangible and intangible assets,<br \/>\nproperties and rights of every type and description (other than real property)<br \/>\nused in or reasonably necessary for the operation of the Business by Purchaser<br \/>\nfollowing the Closing in a manner consistent with its operation prior to<br \/>\nClosing, provided, however, that the Transferred Assets shall not include cash,<br \/>\nleaving the Business without cash as of Closing.<\/p>\n<\/p>\n<p>4.14 <u>Operational Licenses<\/u><\/p>\n<\/p>\n<p><u>Section 4.14<\/u> of the Disclosure Schedule lists all permits, government<br \/>\napprovals, licenses, clearances and Consents necessary for the conduct of the<br \/>\nBusiness. Seller currently holds and has provided to Purchaser true and complete<br \/>\ncopies of all such permits, government approvals, licenses, clearances and<br \/>\nConsents.<\/p>\n<\/p>\n<p>4.15 <u>Litigation<\/u><\/p>\n<\/p>\n<p>There is no action, suit, proceeding, claim, arbitration or any investigation<br \/>\npending or, to the Knowledge of Seller, threatened before any court or<br \/>\nadministrative agency against Seller that relates directly or indirectly to the<br \/>\nBusiness, any Transferred Asset or any Employee, or that questions the validity<br \/>\nof this Agreement, the Collateral Agreements, the Escrow Agreement or any<br \/>\nrelated agreements, or of any action taken or to be taken pursuant to or in<br \/>\nconnection with such agreements. There is no judgment, decree or order against<br \/>\nSeller or the Business, or any of the Transferred Assets.<\/p>\n<\/p>\n<p>4.16 <u>Employee Benefits<\/u><\/p>\n<\/p>\n<p>(a) <u>Section 4.16(a)<\/u> of the Disclosure Schedule contains a complete and<br \/>\naccurate list of the Employees as of the date hereof and shows with respect to<br \/>\neach such Employee (i) the Employee153s name, position held, all remuneration<br \/>\npayable and other benefits provided by Seller or which Seller is bound to<br \/>\nprovide (whether at present or in the future) to each such Employee, or any<br \/>\nperson connected with any such person, and includes, if any, particulars of all<br \/>\nprofit sharing, incentive and bonus arrangements to which Seller is a party,<br \/>\nwhether legally binding or not, (ii) the date of hire, (iii) vacation<br \/>\neligibility for the current calendar year, (iv) leave status (including type of<br \/>\nleave, expected return date for non-disability related leaves and expiration<br \/>\ndates for disability leaves), (v) visa status, and (vi) any Known or recorded<br \/>\nperformance issues (including any violations of ethical rules or codes of<br \/>\nconduct), incidents of violence or drug abuse, or criminal record of such<br \/>\nEmployee. Neither Seller nor the Business has any Employee Benefit Plan as<br \/>\ndefined in ERISA.<\/p>\n<\/p>\n<p>(b) No payment or benefit which will or may be made by Seller or its ERISA<br \/>\nAffiliates with respect to any Employee or any other &#8220;disqualified individual&#8221;<br \/>\n(as defined in Code Section 280G and the regulations thereunder) will be<br \/>\ncharacterized as a &#8220;parachute payment,&#8221; within the meaning of Section 280G(b)(2)<br \/>\nof the Code.<\/p>\n<\/p>\n<p>4.17 <u>Bulk Transfer Laws<\/u><\/p>\n<\/p>\n<p>There are no current or past creditors of Seller to whom any law, rule or<br \/>\nregulation requires the delivery of notice or from whom any form of consent is<br \/>\nrequired in conjunction with undertaking the Transactions, and the &#8220;bulk<br \/>\ntransfer laws&#8221; of any state in which the Transferred Assets are located do not<br \/>\napply to the transfer of those Transferred Assets under this Agreement.<\/p>\n<\/p>\n<p>4.18 <u>Compliance with Applicable Laws<\/u><\/p>\n<\/p>\n<p>(a) Seller, the Transferred Assets and the Business are in compliance with<br \/>\nall applicable Legal Requirements, including laws, statutes, codes, regulations,<br \/>\nstandards, guidelines, guidance documents, and directives or consents (including<br \/>\nconsent decrees and administrative orders) at any time in effect, including all<br \/>\napplicable regulations promulgated by the Federal Trade Commission and U.S.<br \/>\nBureau of Industry and Standards. No investigation or review by any Governmental<br \/>\nEntity or self-regulatory entity with respect to Seller is pending or, to the<br \/>\nKnowledge of Seller, threatened.<\/p>\n<\/p>\n<p>(b) Seller has obtained and has in effect all permits, licenses and other<br \/>\nauthorizations which are required with respect to the operation of the Business<br \/>\nand the ownership of the Transferred Assets. Seller is in full compliance with<br \/>\nall terms and conditions of such permits, licenses and authorizations, no<br \/>\nproceeding is pending or, to the Knowledge of Seller, threatened, to revoke or<br \/>\nlimit any thereof, and to the Knowledge of Seller there is no basis for any such<br \/>\nproceeding and the consummation of the Transactions will not result in the<br \/>\nnon-renewal, revocation or termination of any such license or permit.<\/p>\n<\/p>\n<p>(c) Seller is conducting and has conducted the export transactions of the<br \/>\nBusiness in accordance with all applicable export and re-export control laws of<br \/>\nthe United States and all applicable import\/export control laws in other<br \/>\ncountries in which the Business operates. Without limiting the foregoing:<\/p>\n<\/p>\n<p>(i) Seller has obtained, and is in compliance with, all export licenses,<br \/>\nlicense exceptions and other consents, notices, permits, waivers, approvals,<br \/>\norders, authorizations, registrations, declarations, classifications and filings<br \/>\nwith any Governmental Entity required for (A) the export and re-export of<br \/>\nproducts, services, software and technologies of the Business and (B) releases<br \/>\nof technologies and software to foreign nationals located in the United States<br \/>\nand abroad (&#8220;<u>Export Approvals<\/u>&#8220;), and has performed classification reviews<br \/>\nof all of the Transferred Products.<\/p>\n<\/p>\n<p>(ii) There are no pending or, to the Knowledge of Seller, threatened claims<br \/>\nor legal actions against Seller alleging a violation of such Export Approvals or<br \/>\nthe export control laws of any Governmental Entity.<\/p>\n<\/p>\n<p>(iii) No Export Approvals are required by the consummation of the<br \/>\nTransactions.<\/p>\n<\/p>\n<p>4.19 <u>Business Practices<\/u><\/p>\n<\/p>\n<p>Seller and, to the Knowledge of Seller, the Employees are in compliance with<br \/>\nthe U.S. Foreign Corrupt Practices Act, as amended, including the books and<br \/>\nrecords provisions thereof. Neither Seller nor any Person acting on Seller153s<br \/>\nbehalf has ever paid or delivered, or promised to pay or deliver, directly or<br \/>\nindirectly through any other Person, any monies or anything else of value to any<br \/>\ngovernment official or employee of any political party, for the purpose of<br \/>\nillegally or improperly inducing or rewarding any action by the official<br \/>\nfavorable to Seller.<\/p>\n<\/p>\n<p>4.20 <u>Tax Matters<\/u><\/p>\n<\/p>\n<p>(a) Seller has prepared and timely filed all required Tax Returns for all<br \/>\nperiods ending on or prior to the Closing Date relating to any and all Taxes<br \/>\nconcerning or attributable to the Transferred Assets or the Business, and such<br \/>\nTax Returns are true and correct and have been completed in accordance with<br \/>\napplicable Legal Requirements.<\/p>\n<\/p>\n<p>(b) Seller has timely paid all Taxes required to be paid that are<br \/>\nattributable to the Transferred Assets or the Business and timely paid or<br \/>\nwithheld and paid over to the appropriate Governmental Entities with respect to<br \/>\nits Employees and other third parties all income taxes, social security and<br \/>\nnational insurance contributions and other Taxes required to be withheld.<\/p>\n<\/p>\n<p>(c) Purchaser shall not have any Liability, and shall not incur any loss,<br \/>\nexpense or cost, and none of the Transferred Assets are or shall be subject to<br \/>\nany Liens, by reason of any Taxes arising out of (i) the Business as conducted<br \/>\nby Seller prior to the consummation of the sale hereunder of the Transferred<br \/>\nAssets or (ii) any other operations or activities of Seller whether conducted<br \/>\nprior to the date hereof or hereafter.<\/p>\n<\/p>\n<p>(d) Seller has not executed any waiver of any statute of limitations on or<br \/>\nextending the period for assessment or collection of any Tax attributable to the<br \/>\nTransferred Assets or the Business.<\/p>\n<\/p>\n<p>4.21 <u>Certain Relationships<\/u><\/p>\n<\/p>\n<p>No Employee (nor any immediate family member or affiliate of any Employee)<br \/>\nhas or has had, directly or indirectly, any financial interest in any Person<br \/>\nwith any contractual or business relationship with the Business, including any<br \/>\nparty to any of the Transferred Contracts.<\/p>\n<\/p>\n<p>4.22 <u>Product Warranties<\/u><\/p>\n<\/p>\n<p>Each product manufactured, sold, leased, licensed or delivered by the<br \/>\nBusiness has been done so in material conformity with all applicable contractual<br \/>\ncommitments and all express and implied warranties, and Seller has no liability<br \/>\n(and there is no basis for any present or future action, suit, proceeding,<br \/>\nhearing, investigation, charge, complaint, claim, or demand against Seller<br \/>\ngiving rise to any liability) for replacement or repair thereof or other damages<br \/>\nin connection therewith other than warranty obligations, customer service,<br \/>\nupdates, upgrades and the like provided to users in the ordinary course of<br \/>\noperation of the Business pursuant to the standard terms and conditions of sale,<br \/>\nlicense and lease for the Business set forth in <u>Section 4.22<\/u> of the<br \/>\nDisclosure Schedule. No product manufactured, sold, leased, distributed,<br \/>\nlicensed or delivered by Seller is subject to any guaranty, warranty, or other<br \/>\nindemnity beyond Seller153s applicable standard terms and conditions of sale,<br \/>\nlicense or lease or beyond that implied or imposed by applicable Legal<br \/>\nRequirements. <u>Section 4.22<\/u> of the Disclosure Schedule includes copies of<br \/>\nthe standard terms and conditions of sale, license and lease for the Business.\n<\/p>\n<\/p>\n<p>4.23 <u>Accounts Receivable<\/u><\/p>\n<\/p>\n<p>All receivables reflected on the Current Balance Sheet arose from goods<br \/>\nshipped or products sold or services rendered by the Business in the ordinary<br \/>\ncourse of business, are current and collectible in accordance with their terms<br \/>\nat their recorded amounts, subject only to the reserve for bad debts set forth<br \/>\non the face of the Current Balance Sheet, and no such receivable is subject to<br \/>\nany counterclaim or setoff.<\/p>\n<\/p>\n<p>4.24 <u>No Insolvency<\/u><\/p>\n<\/p>\n<p>(a) There is not outstanding any:<\/p>\n<\/p>\n<p>(i) appointment of a receiver over the whole or part of the assets of Seller;\n<\/p>\n<\/p>\n<p>(ii) petition or order for administration of Seller under any federal or<br \/>\nstate bankruptcy, insolvency or similar law; or<\/p>\n<\/p>\n<p>(iii) voluntary arrangement between Seller and any of Seller153s creditors<br \/>\nunder any federal or state bankruptcy, insolvency or similar law.<\/p>\n<\/p>\n<p>(b) Seller is not deemed unable to pay his debts within the meaning of<br \/>\napplicable Legal Requirements. Seller is not now insolvent and will not be<br \/>\nrendered insolvent by the Transactions contemplated in this Agreement. As used<br \/>\nin this section, &#8220;insolvent&#8221; means that the sum of debts and other probable<br \/>\nliabilities of a party exceeds the present fair saleable value of such party153s<br \/>\nassets.<\/p>\n<\/p>\n<p>4.25 <u>Disclosure<\/u><\/p>\n<\/p>\n<p>(a) No statement made by Seller in this Agreement or any of the agreements<br \/>\ncontemplated hereby, or the exhibits and schedules attached hereto or thereto or<br \/>\nin any certificate or schedule furnished or to be furnished by or on behalf of<br \/>\nSeller to Purchaser in connection with the Transactions contains any untrue<br \/>\nstatement of a material fact or omits to state a material fact necessary, in<br \/>\nlight of the circumstances under which it was or will be made, in order to make<br \/>\nthe statements contained herein or therein not misleading or necessary in order<br \/>\nto fully and fairly provide the information required to be provided in any such<br \/>\ndocument, certificate or schedule.<\/p>\n<\/p>\n<p>4.26 <u>Environmental<\/u><\/p>\n<\/p>\n<p>The facilities used by the Business have all necessary environmental permits<br \/>\nand authorizations if and to the extent any are required by law; there has been<br \/>\nno release of hazardous materials or substances at or near such facilitites; and<br \/>\nthere are no pending enforcement, administrative actions or environmental claims<br \/>\nagainst the Seller relating to the Business.<\/p>\n<\/p>\n<\/p>\n<p align=\"center\"><strong>ARTICLE 5<\/strong><\/p>\n<p align=\"center\">\n<p align=\"center\"><strong><u>REPRESENTATIONS AND WARRANTIES OF<br \/>\nPURCHASER<\/u><\/strong><\/p>\n<p align=\"center\">\n<p>Purchaser represents and warrants to Seller as follows:<\/p>\n<\/p>\n<p>5.1 <u>Organization<\/u><\/p>\n<\/p>\n<p>Purchaser is a corporation duly organized, validly existing and in good<br \/>\nstanding under the laws of the State of Delaware.<\/p>\n<\/p>\n<p>5.2 <u>Authorization of Transaction<\/u><\/p>\n<\/p>\n<p>Purchaser has all requisite power and authority to execute and deliver this<br \/>\nAgreement, the Escrow Agreement and the Collateral Agreements to which it is a<br \/>\nparty and to perform its obligations hereunder and thereunder. The execution and<br \/>\ndelivery by Purchaser of this Agreement, the Escrow Agreement and the Collateral<br \/>\nAgreements to which it is a party and the consummation by Purchaser of the<br \/>\nTransactions have been duly and validly authorized by all necessary corporate<br \/>\naction on the part of Purchaser. This Agreement, the Escrow Agreement and the<br \/>\nCollateral Agreements to which it is a party have been duly and validly executed<br \/>\nand delivered by Purchaser and (assuming due authorization, execution and<br \/>\ndelivery by Seller) constitute valid and binding obligations of Purchaser.<\/p>\n<\/p>\n<p>5.3 <u>Sufficient Cash Funds<\/u><\/p>\n<\/p>\n<p>Purchaser has available sufficient funds to enable it to pay the Purchase<br \/>\nPrice.<\/p>\n<\/p>\n<p align=\"center\"><strong>ARTICLE 6<\/strong><\/p>\n<p align=\"center\">\n<p align=\"center\"><strong><u>CONFIDENTIAL INFORMATION<\/u><\/strong><\/p>\n<p align=\"center\">\n<p>6.1 <u>Confidentiality of Agreement and Public Announcements<\/u><\/p>\n<\/p>\n<p>(a) Seller acknowledges that included in the Transferred Assets are certain<br \/>\nTechnology, Intellectual Proprietary Rights and other confidential and\/or<br \/>\nproprietary information that have been used, and have commercial value, in the<br \/>\nBusiness and accordingly have been treated by Seller as confidential. All such<br \/>\ninformation, and all information regarding this Agreement and the Transactions<br \/>\n(collectively, the &#8220;<u>Confidential Information<\/u>&#8220;), shall be kept<br \/>\nconfidential by Seller. On and after the Closing Date, Seller will keep in<br \/>\nstrictest confidence and trust all Confidential Information and Seller will not,<br \/>\nwithout Purchaser153s prior written consent, use or disclose any Confidential<br \/>\nInformation, except to the extent (i) necessary to comply with any Legal<br \/>\nRequirements in connection with Seller153s ownership or operation of the<br \/>\nTransferred Assets on or prior to the Closing Date, such as the filing of income<br \/>\ntax returns or reports or (ii) any of them become legally compelled (e.g., by<br \/>\noral questions, interrogatories, request for information or documents, subpoena,<br \/>\ncivil investigative demand or similar process) to disclose any of the<br \/>\nConfidential Information, in which case, Seller will provide Purchaser with<br \/>\nprompt written notice so that Purchaser may seek a protective order or other<br \/>\nappropriate remedy and\/or waive compliance with the provisions of this<br \/>\n<u>Section 6.1(a)<\/u>. If such protective order or other remedy is not obtained<br \/>\nor Purchaser waives compliance with the provisions of this <u>Section<br \/>\n6.1(a)<\/u>, Seller will furnish only that portion of the Confidential<br \/>\nInformation which is legally required.<\/p>\n<\/p>\n<p>(b) Except as provided in <u>Section 6.1(c)<\/u>, each Party hereto agrees<br \/>\nthat this Agreement and every provision hereof shall be strictly confidential<br \/>\nand shall not be disclosed to any other person other than: (i) with the written<br \/>\nconsent of Purchaser; (ii) if it is required by Legal Requirements; (iii) if it<br \/>\nis made pursuant to existing contractual obligations; or (iv) if it is required<br \/>\nby any rule or regulation of any securities exchange or regulatory or<br \/>\ngovernmental body whether or not this has the force of law.<\/p>\n<\/p>\n<p>(c) Notwithstanding the foregoing, the confidentiality obligations set forth<br \/>\nin <u>Section 6.1(b)<\/u> shall not prevent or restrict Purchaser in any way from<br \/>\n(i) announcing publicly or otherwise notifying third parties at any time that it<br \/>\nhas purchased the Transferred Assets (including notifying them of the amount of<br \/>\nthe Purchase Price) and introducing itself as successor or (ii) disclosing this<br \/>\nAgreement and the exhibits and schedules hereto and the terms hereof and thereof<br \/>\nfor purposes of complying with applicable securities laws or the rules of the<br \/>\nNasdaq National Market applicable to Purchaser or its affiliated entities.<\/p>\n<\/p>\n<p>6.2 <u>Remedies<\/u><\/p>\n<\/p>\n<p>If any of the obligations set forth in <u>Section 6.1<\/u> with respect to<br \/>\nconfidentiality or use of Confidential Information hereunder are breached,<br \/>\nPurchaser shall be entitled to seek equitable relief to protect its interest<br \/>\ntherein, including injunctive relief, as well as money damages.<\/p>\n<\/p>\n<p align=\"center\"><strong>ARTICLE 7 <\/strong><\/p>\n<p align=\"center\">\n<p align=\"center\"><strong><u>COVENANTS<\/u><\/strong><\/p>\n<p align=\"center\">\n<p>7.1 <u>Additional Documents and Further Assurances<\/u><\/p>\n<\/p>\n<p>At any time or from time to time after the Closing, at Purchaser153s request<br \/>\nand without any further consideration, Seller shall: (a) execute and deliver to<br \/>\nPurchaser such other instruments of sale, transfer, conveyance, assignment and<br \/>\nconfirmation; (b) provide such materials and information; and (c) take such<br \/>\nother actions, as Purchaser may reasonably deem necessary or desirable in order<br \/>\nmore effectively to transfer, convey and assign to Purchaser, to confirm<br \/>\nPurchaser153s title to, all of the Transferred Assets, and, to the full extent<br \/>\npermitted by Legal Requirements, to put Purchaser in actual possession and<br \/>\noperating control of the Transferred Assets and to assist Purchaser in<br \/>\nexercising all rights with respect thereto, and otherwise for purposes of<br \/>\nfulfilling Seller153s obligations under this Agreement, the Escrow Agreement and<br \/>\nthe Collateral Agreements.<\/p>\n<\/p>\n<p>7.2 <u>Tax Matters<\/u><\/p>\n<\/p>\n<p>(a) <u>Seller Tax Returns<\/u>. Subject to <u>Section 7.2(b)<\/u>, Seller will<br \/>\nprepare and file all Tax Returns for the Business (including Tax Returns<br \/>\nrequired to be filed after the Closing Date) to the extent such Tax Returns<br \/>\ninclude or relate to the operations of the Business or the use or ownership of<br \/>\nthe Transferred Assets on or prior to the Closing Date (the &#8220;<u>Seller Tax<br \/>\nReturns<\/u>&#8220;). The Seller Tax Returns shall be true, complete and correct and<br \/>\nprepared in accordance with applicable Legal Requirements. Seller will make all<br \/>\npayments for Taxes required with respect to the Seller Tax Returns.<\/p>\n<\/p>\n<p>(b) <u>Purchaser Tax Returns<\/u>. Purchaser will be responsible for the<br \/>\npreparation and filing of all Tax Returns it is required to file with respect to<br \/>\nPurchaser153s ownership or use of the Transferred Assets or its operation of the<br \/>\nBusiness following the Closing Date (the &#8220;<u>Purchaser Tax Returns<\/u>&#8220;). The<br \/>\nPurchaser Tax Returns shall be true, complete and correct and prepared in<br \/>\naccordance with applicable Law. Purchaser will make all payments for Taxes<br \/>\nrequired with respect to the Purchaser Tax Returns.<\/p>\n<\/p>\n<p>(c) <u>Property Taxes<\/u>. In the case of any real or personal property Taxes<br \/>\n(or other similar taxes) attributable to the Transferred Assets for which the<br \/>\ncorresponding Tax Returns cover periods both prior to and following the Closing,<br \/>\nPurchaser shall prepare such Tax Returns and make all payments required with<br \/>\nrespect to any such Tax Return; <em>provided, however,<\/em> that Seller will<br \/>\nreimburse Purchaser concurrently therewith to the extent that any payment made<br \/>\nby Purchaser relates to any period on or prior to the Closing Date, prorated on<br \/>\na per diem basis.<\/p>\n<\/p>\n<p>7.3 <u>Delivery of Final Financial Information<\/u><\/p>\n<\/p>\n<p>As promptly as practical but in any event within twenty (20) business days<br \/>\nfollowing the Closing, Seller shall deliver to Purchaser:<\/p>\n<\/p>\n<p>(a) the final calculations of (i) the Assumed Liabilities set forth on<br \/>\n<u>Schedule 2.6(d)<\/u>, and (ii) Prepaid Expenses, in each case as of 11:59<br \/>\np.m., local time on the Closing Date;<\/p>\n<\/p>\n<p>(b) any updates to the sales bookings for the interim period beginning<br \/>\nJanuary 1, 2011 and ending June 15, 2011 set forth on <u>Section 4.6<\/u> of the<br \/>\nDisclosure Schedule, together with detailed invoices and related data with<br \/>\nrespect to such sales bookings; and<\/p>\n<\/p>\n<p>(c) a profit and loss statement for the Business by month for the interim<br \/>\nperiod beginning January 1, 2011 and ending June 15, 2011, prepared on a cash<br \/>\nbasis consistent with the profit and loss statement set forth on <u>Section<br \/>\n4.6<\/u> of the Disclosure Schedule and which shall present fairly the financial<br \/>\ncondition of the Business insofar as may be presented by such data, during the<br \/>\nperiods indicated therein.<\/p>\n<\/p>\n<p>In addition, Seller shall provide Purchaser all documents, records and work<br \/>\npapers and access to all personnel as Purchaser may reasonably request with<br \/>\nrespect to the foregoing.<\/p>\n<\/p>\n<p align=\"center\"><strong>ARTICLE 8 <\/strong><\/p>\n<p align=\"center\">\n<p align=\"center\"><strong><u>SURVIVAL OF REPRESENTATIONS AND WARRANTIES;<br \/>\nINDEMNIFICATION<\/u><\/strong><\/p>\n<p align=\"center\">\n<p>8.1 <u>Survival of Representations and Warranties<\/u><\/p>\n<\/p>\n<p>The representations and warranties of Seller contained in this Agreement, or<br \/>\nin any certificate or other instrument delivered pursuant to this Agreement,<br \/>\nshall survive the Closing and continue in full force and effect until and<br \/>\nterminate upon the end of the day on the date eighteen (18) months following the<br \/>\nClosing Date (the &#8220;<u>Survival Date<\/u>&#8220;); <u>provided<\/u>, <u>however<\/u>, that<br \/>\nthe following representations and warranties (the &#8220;<u>Special<br \/>\nRepresentations<\/u>&#8220;) shall survive for longer periods as follows: (a) the<br \/>\nrepresentations and warranties contained in this Agreement (including but not<br \/>\nlimited to <u>Section 4.2<\/u> (Authorization of Transactions)), or in any<br \/>\ncertificate or other instrument delivered pursuant to this Agreement, with<br \/>\nrespect to due authorization to enter into this Agreement and complete the<br \/>\nTransactions shall survive indefinitely and not terminate; (b) the<br \/>\nrepresentations and warranties contained in <u>Section 4.8<\/u> (Title of<br \/>\nProperties; Absence of Liens and Encumbrances; Condition), <u>Section 4.9<\/u><br \/>\n(Intellectual Property), <u>Section 4.13<\/u> (Transferred Assets), <u>Section<br \/>\n4.16<\/u> (Employee Benefits) and <u>Section 4.20<\/u> (Tax Matters), shall<br \/>\nsurvive until the expiration of the applicable statutes of limitations; and (c)<br \/>\nin the event of fraud or the willful or intentional breach of a representation,<br \/>\nwarranty or covenant contained in this Agreement, or in any certificate or other<br \/>\ninstrument delivered pursuant to this Agreement, as applicable, such<br \/>\nrepresentation, warranty or covenant shall survive indefinitely and not<br \/>\nterminate. The representations and warranties of Purchaser contained in this<br \/>\nAgreement, or in any certificate or other instrument delivered pursuant to this<br \/>\nAgreement, shall terminate on the Survival Date. If a claim for indemnification<br \/>\nunder <u>Section 8.2<\/u> arises on or before the Survival Date or other<br \/>\napplicable date of expiration and Purchaser delivers a notice of such claim no<br \/>\nlater than thirty (30) days after such date, then the claims contained in such<br \/>\nnotice shall survive for the benefit of all Indemnified Parties beyond the<br \/>\nSurvival Date or other applicable date of expiration until such claims are<br \/>\nsettled or otherwise resolved.<\/p>\n<\/p>\n<p>8.2 <u>Indemnification<\/u><\/p>\n<\/p>\n<p>Seller and his successors and assigns (together, the &#8220;<u>Indemnifying<br \/>\nParty<\/u>&#8220;) will indemnify and hold Purchaser and each of Purchaser153s<br \/>\nsubsidiaries and other affiliates, and their respective officers, directors,<br \/>\nemployees, agents and representatives (the &#8220;<u>Indemnified Parties<\/u>&#8220;),<br \/>\nharmless against all claims, losses, liabilities, diminution in value, damages,<br \/>\ndeficiencies, interest, penalties, taxes, costs and expenses, including<br \/>\nreasonable attorneys153 fees and expenses of investigation and defense<br \/>\n(hereinafter individually a &#8220;<u>Loss<\/u>&#8221; and collectively &#8220;<u>Losses<\/u>&#8220;)<br \/>\npaid, sustained, incurred or accrued by the Indemnified Parties, directly or<br \/>\nindirectly, as a result of (a) any breach or inaccuracy of a representation or<br \/>\nwarranty of Seller contained in this Agreement or in any certificate,<br \/>\ninstrument, or other document delivered by Seller pursuant to this Agreement<br \/>\n(without, for purposes of determining the amount of any such Loss, giving effect<br \/>\nto any limitation as to &#8220;materiality,&#8221; &#8220;material adverse effect,&#8221; or similar<br \/>\nqualifications set forth therein); (b) any failure by Seller to perform or<br \/>\ncomply with any covenant applicable to Seller contained in this Agreement or any<br \/>\nagreement delivered by Seller pursuant to this Agreement, including without<br \/>\nlimitation Seller153s Non-Competition and Non-Solicitation Agreement as shown in<br \/>\n<u>Exhibit A-1<\/u>; (c) any Excluded Liabilities; (d) any failure of Seller to<br \/>\ncomply with any applicable bulk transfer or similar laws with respect to the<br \/>\nTransactions; (e) any amount by which the Actual Purchase Price Adjustment is<br \/>\ngreater than the Estimated Purchase Price Adjustment (if and to extent the<br \/>\nexcess is greater than the amount by which the Holdback Amount is reduced<br \/>\npursuant to <u>Section 3.4(b)<\/u>), or any inaccuracy in the calculation of the<br \/>\nActual Purchase Price Adjustment based upon Purchaser153s review of the final<br \/>\ncalculations of the Assumed Liabilities set forth on <u>Schedule 2.6(d)<\/u> and<br \/>\nPrepaid Expenses at any time following receipt of such amounts pursuant to<br \/>\n<u>Section 7.3<\/u>.<\/p>\n<\/p>\n<p>8.3 <u>Source of Indemnification<\/u><\/p>\n<\/p>\n<p>Subject to Section 8.7, the amount of any Losses shall be recoverable by<br \/>\nPurchaser either through recourse to the Escrow Fund or by proceeding against<br \/>\nthe Indemnifying Party directly, or a combination of the two, as may be<br \/>\ndetermined in Purchaser153s sole discretion. Notwithstanding the foregoing, in the<br \/>\ncase of fraud or intentional or willful breach of a representation, warranty or<br \/>\ncovenant of Seller contained in this Agreement or in any certificate,<br \/>\ninstrument, or other document delivered by Seller pursuant to this Agreement,<br \/>\nPurchaser may seek any remedy to which it is entitled under law or equity.<\/p>\n<\/p>\n<p>8.4 <u>Indemnification Procedure<\/u><\/p>\n<\/p>\n<p>If an Indemnified Party seeks indemnification under this <u>ARTICLE 8<\/u>,<br \/>\nPurchaser shall deliver an Officer153s Certificate to Seller and the Escrow Agent,<br \/>\nif the Escrow Period has not expired. Seller may object to such claim by<br \/>\ndelivering written notice to Purchaser (and the Escrow Agent, if the Escrow<br \/>\nPeriod has not expired) specifying the basis for such objection within thirty<br \/>\n(30) days following receipt by Seller of notice from Purchaser regarding such<br \/>\nclaim. If no such objection is made within such 30-day period, the Indemnified<br \/>\nParty may recover Losses without further consent or approval required of the<br \/>\nIndemnifying Party. For the purposes hereof, &#8220;<u>Officer153s Certificate<\/u>&#8221;<br \/>\nshall mean a certificate signed by any officer of Purchaser (i) stating that an<br \/>\nIndemnified Party has paid, sustained, incurred or accrued, or in good faith<br \/>\nreasonably anticipates that it will pay, sustain, incur or accrue Losses, and<br \/>\n(ii) specifying in reasonable detail the individual items of Losses included in<br \/>\nthe amount so stated, the date each such item was paid, sustained, incurred or<br \/>\naccrued, or the basis for such anticipated liability.<\/p>\n<\/p>\n<p>8.5 <u>Resolution of Conflicts; Arbitration<\/u>..<\/p>\n<\/p>\n<p>(a) If Seller shall object in writing to any claim or claims made in any<br \/>\nOfficer153s Certificate to recover Losses within thirty (30) days after delivery<br \/>\nof such Officer153s Certificate, Seller and Purchaser shall attempt in good faith<br \/>\nto agree upon the rights of the respective parties with respect to each of such<br \/>\nclaims. If Seller and Purchaser should so agree, a memorandum setting forth such<br \/>\nagreement shall be prepared and signed by both Parties, at which time the claim<br \/>\nshall be promptly paid, expensed or settled, as the case may be.<\/p>\n<\/p>\n<p>(b) If no such agreement can be reached after good faith negotiation and<br \/>\nprior to sixty (60) days after delivery of an Officer153s Certificate, Seller or<br \/>\nPurchaser may demand arbitration of the matter unless the amount of the Loss is<br \/>\nat issue in pending litigation with a third party, in which event arbitration<br \/>\nshall not be commenced until such amount is ascertained or both Parties agree to<br \/>\narbitration, and in either such event the matter shall be settled by arbitration<br \/>\nconducted pursuant to <u>Section 10.4<\/u>.<\/p>\n<\/p>\n<p>(c) Arbitration under <u>Section 10.4<\/u> shall apply to any dispute among<br \/>\nthe Indemnifying Party, on the one hand, and the Indemnified Parties, on the<br \/>\nother hand, under this <u>ARTICLE 8<\/u> hereof, whether relating to claims upon<br \/>\nthe Escrow Fund or to the other indemnification obligations set forth in this<br \/>\n<u>ARTICLE 8<\/u>.<\/p>\n<\/p>\n<p>(d) The decision of the arbitrator or a majority of the three arbitrators, as<br \/>\nthe case may be, as to the validity and amount of any claim in such Officer153s<br \/>\nCertificate shall be final, binding, and conclusive upon the Parties to this<br \/>\nAgreement, including the Indemnifying Party and any Indemnified Party. Such<br \/>\ndecision shall be written and shall be supported by written findings of fact and<br \/>\nconclusions which shall set forth the award, judgment, decree or order awarded<br \/>\nby the arbitrator(s), and the Escrow Agent shall be entitled to rely on, and<br \/>\nmake distributions from the Escrow Fund in accordance with, the terms of such<br \/>\naward, judgment, decree or order, as applicable. Within 30 days of a decision of<br \/>\nthe arbitrator(s) requiring payment by one Party to another, such Party shall<br \/>\nmake the payment to such other Party, including any distributions out of the<br \/>\nEscrow Fund, as applicable.<\/p>\n<\/p>\n<p>8.6 <u>Third-Party Claims<\/u><\/p>\n<\/p>\n<p>In the event Purchaser becomes aware of a third-party claim that Purchaser<br \/>\nreasonably believes may result in a demand for indemnification pursuant to<br \/>\nthis<u> ARTICLE 8<\/u>, Purchaser shall notify Seller of such claim, and Seller<br \/>\nshall be entitled, at its expense, to participate in, but not to determine or<br \/>\nconduct, the defense of such claim. Purchaser shall have the right, in its sole<br \/>\ndiscretion, to conduct the defense of and settle any such claim;<br \/>\n<u>provided<\/u>, <u>however<\/u>, that except with the consent of Seller, which<br \/>\nconsent may not be unreasonably withheld, no settlement of any such claim with<br \/>\nthird-party claimants shall be determinative of the amount of Losses relating to<br \/>\nsuch matter. In the event that Seller has consented to any such settlement, the<br \/>\nIndemnifying Party shall not have power or authority to object under any<br \/>\nprovision of this <u>ARTICLE 8<\/u> to the amount of any claim by the Indemnified<br \/>\nParty against the Escrow Fund or the Indemnifying Party directly, as the case<br \/>\nmay be, with respect to such settlement.<\/p>\n<\/p>\n<p>8.7 <u>Limitations on Indemnity<\/u>.<\/p>\n<\/p>\n<p>(a) <u>Cap<\/u>. Subject to <u>Section 8.7(b)<\/u>, the liability of the<br \/>\nIndemnifying Party for indemnification to the Indemnified Parties will be<br \/>\nlimited to the Escrow Fund whether or not the Survival Date has passed.<\/p>\n<\/p>\n<p>(b) <u>Exceptions<\/u>. Notwithstanding anything herein to the contrary, the<br \/>\nlimitations set forth in <u>Section 8.7(a)<\/u> will not apply to Losses which<br \/>\nresult from or are related to (i) fraud; (ii) willful breach of a<br \/>\nrepresentation, warranty or covenant contained in this Agreement or in any<br \/>\ncertificate or other instrument delivered pursuant to this Agreement; (iii) any<br \/>\nbreach of <u>Section 4.2<\/u> (Authorization of Transactions), <u>Section 4.5<\/u><br \/>\n(Ownership of the Business), <u>Section 4.6<\/u> (Financial Information),<br \/>\n<u>Section 4.8<\/u> (Title of Properties; Absence of Liens and Encumbrances;<br \/>\nCondition); <u>Section 4.9<\/u> (Intellectual Property), <u>Section 4.13<\/u><br \/>\n(Transferred Assets) and <u>Section 4.20<\/u> (Tax Matters); or (iv) any Excluded<br \/>\nLiabilities, and the liability of the Indemnifying Party for indemnification of<br \/>\nLosses with respect to such matters shall not be limited in any manner under<br \/>\nthis Agreement. In addition, nothing herein shall limit the liability of Seller<br \/>\nfor any breach of any representation, warranty or covenant if the Closing does<br \/>\nnot occur, in which case Purchaser is entitled to any remedy available at law,<br \/>\nin equity or under this Agreement, including seeking in such relief or monetary<br \/>\ndamages for breaches of <u>ARTICLE 6<\/u> hereof.<\/p>\n<\/p>\n<p>8.8 <u>Exclusive Remedy<\/u><\/p>\n<\/p>\n<p>From and after the Closing Date, the remedies under this <u>ARTICLE 8<\/u><br \/>\nshall be the exclusive remedies of the Parties under this Agreement, other than<br \/>\nin the event of fraud or willful breach.<\/p>\n<\/p>\n<p align=\"center\"><strong>ARTICLE 9 <\/strong><\/p>\n<p align=\"center\">\n<p align=\"center\"><strong><u>AMENDMENT AND WAIVER<\/u><\/strong><\/p>\n<p align=\"center\">\n<p>9.1 <u>Amendment<\/u><\/p>\n<\/p>\n<p>This Agreement may not be amended, modified, altered or supplemented other<br \/>\nthan by means of a written instrument duly executed and delivered on behalf of<br \/>\nSeller and Purchaser.<\/p>\n<\/p>\n<p>9.2 <u>Extension; Waiver<\/u><\/p>\n<\/p>\n<p>At any time prior to the Closing, Purchaser or Seller may, to the extent<br \/>\nlegally allowed, extend the time for the performance of any of the obligations<br \/>\nof the other Party, or waive compliance with any of the agreements or conditions<br \/>\nfor the benefit of such Party contained herein. Any agreement on the part of a<br \/>\nParty hereto to any such extension or waiver shall be valid only if set forth in<br \/>\nan instrument in writing signed on behalf of such Party.<\/p>\n<\/p>\n<p align=\"center\"><strong>ARTICLE 10<\/strong><\/p>\n<p align=\"center\">\n<p align=\"center\"><strong><u>GENERAL<\/u><\/strong><\/p>\n<p align=\"center\">\n<p>10.1 <u>Notices<\/u><\/p>\n<\/p>\n<p>Any notice or other communication required or permitted to be delivered to<br \/>\nany Party under this Agreement must be in writing and shall be deemed properly<br \/>\ndelivered, given and received when delivered (by hand, by registered mail, by<br \/>\ncourier or express delivery service or by facsimile) to the address or facsimile<br \/>\ntelephone number set forth beneath the name of such Party below (or to such<br \/>\nother address or facsimile telephone number as such Party may have specified in<br \/>\na written notice given to the other Party):<\/p>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"72\" valign=\"top\"><\/td>\n<td width=\"168\" valign=\"top\">\n<p>if to Purchaser:<\/p>\n<\/td>\n<td valign=\"top\">\n<p>SDC Software, Inc.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>1900 Seaport Boulevard, 3rd Floor<\/p>\n<\/p>\n<p>Redwood City, CA 94063<\/p>\n<\/p>\n<p>Attn: President<\/p>\n<\/p>\n<p>Facsimile:<\/p>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"72\" valign=\"top\"><\/td>\n<td width=\"168\" valign=\"top\">\n<p>with a copy to:<\/p>\n<\/td>\n<td valign=\"top\">\n<p>Hayden Bergman, Professional Corporation<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>150 Post Street, Suite 650<\/p>\n<\/p>\n<p>San Francisco, CA 94108<\/p>\n<\/p>\n<p>Attn: Peter Bergman<\/p>\n<\/p>\n<p>Telephone: (415) 692-3310<\/p>\n<\/p>\n<p>Facsimile: (866) 409-3373<\/p>\n<\/p>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"72\" valign=\"top\"><\/td>\n<td width=\"168\" valign=\"top\">\n<p>if to Seller:<\/p>\n<\/td>\n<td valign=\"top\">\n<p>Nicholas Skrepetos<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>1185 Throne Drive<\/p>\n<\/p>\n<p>Eugene, OR 97402<\/p>\n<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"72\" valign=\"top\"><\/td>\n<td width=\"168\" valign=\"top\">\n<p>with a copy to:<\/p>\n<\/td>\n<td valign=\"top\">\n<p>Gleaves Swearingen Potter &amp; Scott LLP<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>975 Oak Street, Suite 800<\/p>\n<\/p>\n<p>Eugene, OR 97401<\/p>\n<\/p>\n<p>Attn: Ian T. Richardson<\/p>\n<\/p>\n<p>Telephone: (541) 686-8833<\/p>\n<\/p>\n<p>Facsimile: (541) 345-2034<\/p>\n<\/p>\n<p>10.2 <u>Governing Law<\/u><\/p>\n<\/p>\n<p>This Agreement shall be governed in all respects by the laws of the United<br \/>\nStates of America and the State of Delaware as such laws apply to agreements<br \/>\nentered into and to be performed entirely within Delaware by residents of such<br \/>\nstate.<\/p>\n<\/p>\n<p>10.3 <u>Forum and Venue<\/u><\/p>\n<\/p>\n<p>Each of the Parties hereto irrevocably consents to the exclusive jurisdiction<br \/>\nand venue of any court within San Francisco County, State of California, in<br \/>\nconnection with any matter based upon or arising out of this Agreement or the<br \/>\nmatters contemplated herein, agrees that process may be served upon them in any<br \/>\nmanner authorized by the laws of the State of California for such persons and<br \/>\nwaives and covenants not to assert or plead any objection which they might<br \/>\notherwise have to such jurisdiction, venue and such process. Each Party agrees<br \/>\nnot to commence any legal proceedings related hereto except in such courts.<\/p>\n<\/p>\n<p>10.4 <u>Resolution of Conflicts; Arbitration<\/u><\/p>\n<\/p>\n<p>Any claim or dispute arising out of or related to this Agreement, or the<br \/>\ninterpretation, making, performance, breach or termination thereof, shall<br \/>\n(except as specifically set forth in this Agreement) be finally settled by<br \/>\nbinding arbitration in the County of San Francisco, California in accordance<br \/>\nwith the then current Commercial Arbitration Rules of the American Arbitration<br \/>\nAssociation and judgment upon the award rendered may be entered in any court<br \/>\nhaving jurisdiction thereof. The arbitrator(s) shall have the authority to grant<br \/>\nany equitable and legal remedies that would be available in any judicial<br \/>\nproceeding instituted to resolve a dispute.<\/p>\n<\/p>\n<p>(a) <u>Selection of Arbitrators<\/u>. Such arbitration shall be conducted by a<br \/>\nsingle arbitrator chosen by mutual agreement of Purchaser and Seller.<br \/>\nAlternatively, at the request of either Party before the commencement of<br \/>\narbitration, the arbitration shall be conducted by three independent<br \/>\narbitrators, none of whom shall have any competitive interests with Purchaser or<br \/>\nSeller. Purchaser and Seller shall each select one arbitrator. The two<br \/>\narbitrators so selected shall select a third arbitrator.<\/p>\n<\/p>\n<p>(b) <u>Discovery<\/u>. In any arbitration under this <u>Section 10.4<\/u>, each<br \/>\nParty shall be limited to calling a total of three witnesses both for purposes<br \/>\nof deposition and the arbitration hearing. Subject to the foregoing limitation<br \/>\non the number of witnesses, the arbitrator or arbitrators, as the case may be,<br \/>\nshall set a limited time period and establish procedures designed to reduce the<br \/>\ncost and time for discovery while allowing the parties an opportunity, adequate<br \/>\nin the sole judgment of the arbitrator or majority of the three arbitrators, as<br \/>\nthe case may be, to discover relevant information from the opposing parties<br \/>\nabout the subject matter of the dispute. The arbitrator, or a majority of the<br \/>\nthree arbitrators, as the case may be, shall rule upon motions to compel or<br \/>\nlimit discovery and shall have the authority to impose sanctions for discovery<br \/>\nabuses, including attorneys153 fees and costs, to the same extent as a competent<br \/>\ncourt of law or equity, should the arbitrators or a majority of the three<br \/>\narbitrators, as the case may be, determine that discovery was sought without<br \/>\nsubstantial justification or that discovery was refused or objected to without<br \/>\nsubstantial justification.<\/p>\n<\/p>\n<p>(c) <u>Decision<\/u>. The decision of the arbitrator or a majority of the<br \/>\nthree arbitrators, as the case may be, as to the validity and amount of any<br \/>\nclaim in such Officer153s Certificate shall be final, binding, and conclusive upon<br \/>\nthe parties to this Agreement. Such decision shall be written and shall be<br \/>\nsupported by written findings of fact and conclusions which shall set forth the<br \/>\naward, judgment, decree or order awarded by the arbitrator(s). Within 30 days of<br \/>\na decision of the arbitrator(s) requiring payment by one party to another, such<br \/>\nparty shall make the payment to such other party, including any distributions<br \/>\nout of the Escrow Fund, as applicable.<\/p>\n<\/p>\n<p>(d) <u>Other Relief<\/u>. The parties to the arbitration may apply to a court<br \/>\nof competent jurisdiction for a temporary restraining order, preliminary<br \/>\ninjunction or other interim or conservatory relief, as necessary, without breach<br \/>\nof this arbitration provision and without abridgement of the powers of the<br \/>\narbitrator(s).<\/p>\n<\/p>\n<p>(e) <u>Costs and Expenses<\/u>. The Parties agree that each Party shall pay<br \/>\nits own costs and expenses (including counsel fees) of any such arbitration, and<br \/>\neach Party waives its right to seek an order compelling the other Party to pay<br \/>\nits portion of its costs and expenses (including counsel fees) for any<br \/>\narbitration.<\/p>\n<\/p>\n<p>10.5 <u>Assignment<\/u><\/p>\n<\/p>\n<p>This Agreement shall be binding upon and inure to the benefit of the Parties<br \/>\nnamed herein and their respective successors and permitted assigns. Purchaser<br \/>\nmay assign all of its assets, licenses and other rights acquired hereunder in<br \/>\ntheir entirety or in part after the Closing. This Agreement may not be assigned<br \/>\nby Seller.<\/p>\n<\/p>\n<p>10.6 <u>No Third-Party Beneficiaries<\/u><\/p>\n<\/p>\n<p>This Agreement shall not confer any rights or remedies upon any Person other<br \/>\nthan the Parties hereto, and their respective successors and permitted assigns.\n<\/p>\n<\/p>\n<p>10.7 <u>WAIVER OF JURY TRIAL<\/u><\/p>\n<\/p>\n<p>EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY<br \/>\nJURY AND ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT,<br \/>\nTORT, OR OTHERWISE) ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE ACTIONS<br \/>\nOF ANY PARTY HERETO IN NEGOTIATION, ADMINISTRATION, PERFORMANCE OR ENFORCEMENT<br \/>\nHEREOF.<\/p>\n<\/p>\n<p>10.8 <u>Severability<\/u><\/p>\n<\/p>\n<p>If, for any reason, a court of competent jurisdiction finds any provision of<br \/>\nthis Agreement, or portion thereof, to be invalid or unenforceable, such<br \/>\nprovision of this Agreement will be enforced to the maximum extent permissible<br \/>\nso as to effect the intent of the Parties, and the remainder of this Agreement<br \/>\nwill continue in full force and effect. The Parties agree to negotiate in good<br \/>\nfaith an enforceable substitute provision for any unenforceable provision that<br \/>\nmost nearly achieves the intent and economic effect of the unenforceable<br \/>\nprovision. Notwithstanding the foregoing, if a court of competent jurisdiction<br \/>\ndetermines that any restriction on any license granted herein is invalid or<br \/>\nunenforceable, then the license grants to which such restriction relates shall<br \/>\nterminate automatically.<\/p>\n<\/p>\n<p>10.9 <u>Entire Agreement<\/u><\/p>\n<\/p>\n<p>This Agreement (including the Schedules and Exhibits hereto) sets forth the<br \/>\nentire understanding of the Parties hereto relating to the subject matter hereof<br \/>\nand supersedes all prior agreements and understandings between the Parties<br \/>\nhereto relating to the subject matter hereof, and is not intended to confer upon<br \/>\nany other Person any rights or remedies hereunder.<\/p>\n<\/p>\n<p>10.10 <u>Counterparts<\/u><\/p>\n<\/p>\n<p>This Agreement may be executed in one or more counterparts, all of which<br \/>\nshall be considered one and the same agreement and shall become effective when<br \/>\none or more counterparts have been signed by each of the Parties and delivered<br \/>\nto the other Party, it being understood that all Parties need not sign the same<br \/>\ncounterpart. Until and unless each Party has received a counterpart hereof<br \/>\nsigned by the other Party hereto, this Agreement shall have no effect and no<br \/>\nParty shall have any right or obligation hereunder (whether by virtue of any<br \/>\nother oral or written agreement or other communication). Any signature page<br \/>\ndelivered electronically or by facsimile (including transmission by Portable<br \/>\nDocument Format or other fixed image form) shall be binding to the same extent<br \/>\nas an original signature page.<\/p>\n<\/p>\n<p align=\"center\">[SIGNATURE PAGES FOLLOW]<\/p>\n<p align=\"center\">\n<\/p>\n<\/p>\n<hr>\n<\/p>\n<p>IN WITNESS WHEREOF, Purchaser, by its duly authorized representative, and<br \/>\nSeller have executed this Agreement as of the date first written above.<\/p>\n<\/p>\n<\/p>\n<\/p>\n<p><strong>PURCHASER:<\/strong><\/p>\n<\/p>\n<p>SDC SOFTWARE, INC.<\/p>\n<\/p>\n<\/p>\n<\/p>\n<p>By:<\/p>\n<\/p>\n<p>Name:<\/p>\n<\/p>\n<p>Title:<\/p>\n<\/p>\n<\/p>\n<\/p>\n<p><strong>SELLER:<\/strong><\/p>\n<\/p>\n<\/p>\n<\/p>\n<\/p>\n<p>Nicholas Skrepetos<\/p>\n<\/p>\n<\/p>\n<\/p>\n<\/p>\n<p align=\"center\"><strong>[SIGNATURE PAGE TO ASSET PURCHASE AGREEMENT]<\/strong>\n<\/p>\n<p align=\"center\">\n<hr>\n<\/p>\n<\/p>\n<\/p>\n<p align=\"center\"><u>SPOUSAL CONSENT<\/u><\/p>\n<p align=\"center\">\n<\/p>\n<\/p>\n<\/p>\n<p>I, Kellie Skrepetos, spouse of Nicholas Skrepetos, have read and approve of<br \/>\nthe foregoing Asset Purchase Agreement, dated as of June 15, 2011, together with<br \/>\nall exhibits, schedules and attachments thereto (collectively, the<br \/>\n&#8220;<strong>Agreement<\/strong>&#8220;), by and between my spouse and SDC Software, Inc.,<br \/>\na Delaware corporation (&#8220;<strong>Purchaser<\/strong>&#8220;). In consideration of the<br \/>\nrights and benefits accruing to Nicholas Skrepetos pursuant to the Agreement, I<br \/>\nhereby appoint Nicholas Skrepetos as my attorney-in-fact in respect to the<br \/>\nexercise or waiver of any rights under the Agreement, and agree to be bound by<br \/>\nthe provisions of the Agreement insofar as I may have any rights in said<br \/>\nAgreement, the Business (as defined in the Agreement) or any of the Transferred<br \/>\nAssets (as defined in the Agreement) under any community property or similar<br \/>\nlaws relating to marital property.<\/p>\n<\/p>\n<p>Dated: June 15, 2011.<\/p>\n<\/p>\n<p><strong>&#8220;Spouse of Seller&#8221;<\/strong><\/p>\n<\/p>\n<\/p>\n<\/p>\n<p>Kellie Skrepetos<\/p>\n<\/p>\n<\/p>\n<\/p>\n<\/p>\n<\/p>\n<\/p>\n<\/p>\n<\/p>\n<\/p>\n<hr>\n<hr>\n<\/p>\n<p><\/contract-content><\/article>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[8979],"corporate_contracts_industries":[9510],"corporate_contracts_types":[9623,9622],"class_list":["post-43417","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-supportcom-inc","corporate_contracts_industries-technology__programming","corporate_contracts_types-planning__asset","corporate_contracts_types-planning"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/43417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=43417"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=43417"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=43417"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=43417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}